Major Drilling Group International (MDI) — Capital Reinvestment Ratio

Latest as of July 2026: 1.15x

Major Drilling Group International (MDI) has a Capital Reinvestment Ratio of 1.15x as of July 2026, meaning it reinvests 1% of its operating cash flow (CA$11.75 Million) in capital expenditures (CA$13.46 Million). Check tangible net worth ratio of Major Drilling Group International to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.15x
Capex / Operating Cash Flow

Operating Cash Flow

CA$11.75 Million
CAD

Capital Expenditures

CA$13.46 Million
CAD

Data as of

Jul 2026
Most recent filing

Major Drilling Group International Capital Reinvestment Ratio (1997–2026)

This chart tracks Major Drilling Group International's Capital Reinvestment Ratio across 26 annual periods. For the full cash flow conversion analysis, see MDI cash flow metrics.

Annual Capital Reinvestment Ratio for Major Drilling Group International (1997–2026)

Year-by-year Capital Reinvestment Ratio for Major Drilling Group International from 1997 to 2026. See Major Drilling Group International (MDI) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CAD) Capital Expenditures YoY Change
2026 0.75x CA$81.84 Million CA$61.04 Million ▲ +3.8%
2025 0.72x CA$100.92 Million CA$72.52 Million ▲ +9.5%
2024 0.66x CA$112.03 Million CA$73.53 Million ▲ +26.6%
2023 0.52x CA$113.19 Million CA$58.69 Million ▼ -1.5%
2022 0.53x CA$94.87 Million CA$49.94 Million ▼ -42.1%
2021 0.91x CA$34.45 Million CA$31.30 Million ▲ +19.4%
2020 0.76x CA$42.11 Million CA$32.04 Million ▼ -37.4%
2019 1.22x CA$20.96 Million CA$25.49 Million ▼ -45.1%
2018 2.21x CA$10.17 Million CA$22.51 Million ▲ +307.5%
2016 0.54x CA$22.33 Million CA$12.12 Million ▼ -46.4%
2015 1.01x CA$14.57 Million CA$14.75 Million ▲ +83.2%
2014 0.55x CA$40.92 Million CA$22.63 Million ▲ +9.7%
2013 0.50x CA$136.93 Million CA$69.00 Million ▼ -28.9%
2012 0.71x CA$114.48 Million CA$81.13 Million ▼ -45.8%
2011 1.31x CA$47.85 Million CA$62.57 Million ▲ +10.7%
2010 1.18x CA$20.78 Million CA$24.53 Million ▲ +147.7%
2009 0.48x CA$114.73 Million CA$54.70 Million ▼ -44.6%
2008 0.86x CA$79.08 Million CA$68.10 Million ▲ +47.3%
2007 0.58x CA$62.97 Million CA$36.80 Million ▼ -18.3%
2006 0.72x CA$38.46 Million CA$27.51 Million ▼ -23.6%
2005 0.94x CA$15.03 Million CA$14.07 Million ▼ -10.8%
2003 1.05x CA$12.32 Million CA$12.93 Million ▼ -28.2%
2002 1.46x CA$3.41 Million CA$4.98 Million ▲ +11.2%
2001 1.31x CA$8.22 Million CA$10.79 Million ▼ -36.6%
2000 2.07x CA$4.20 Million CA$8.70 Million ▲ +19.9%
1997 1.73x CA$6.60 Million CA$11.40 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow