Major Drilling Group International Cash Flow Conversion Efficiency

Latest as of July 2026: 0.020x

Major Drilling Group International cash flow conversion efficiency. Based on the latest financial reports, Major Drilling Group International (MDI) has a cash flow conversion efficiency ratio of 0.020x as of July 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$11.75 Million ≈ $8.50 Million USD) by net assets (CA$581.23 Million ≈ $420.45 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Major Drilling Group International (1997–2026)

Cash flow conversion efficiency of Major Drilling Group International from 1997 to 2026. This chart illustrates how Major Drilling Group International's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Major Drilling Group International for real-time trading data and today's change.

Major Drilling Group International Cash Flow Conversion Ratio Explained

Major Drilling Group International cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Major Drilling Group International Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Major Drilling Group International ranked by their cash flow conversion efficiency. Also see MDI stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
EST Tools Co Ltd SHE:300488	0.012x
Axis Real Estate Investment Trust KLSE:5106	0.012x
Suzhou Huaya Intelligence Technology Co Ltd SHE:003043	0.014x
Quechen Silicon Chemical Co. Ltd. SHG:605183	0.048x
Shanghai Geoharbour Construction Group Co Ltd SHG:605598	0.032x
Tiangong International Company Limited F:34T1	0.010x
Barings BDC Inc NYSE:BBDC	0.014x
Tian Jin Motor Dies Co Ltd SHE:002510	0.053x

Annual Cash Flow Conversion Efficiency for Major Drilling Group International (1997–2026)

The table below shows the annual cash flow conversion efficiency of Major Drilling Group International from 1997 to 2026. Review MDI cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-04-30	CA$556.01 Million ≈ $402.21 Million	CA$81.84 Million ≈ $59.21 Million	0.147x	-23.84%
2025-04-30	CA$522.10 Million ≈ $377.68 Million	CA$100.92 Million ≈ $73.00 Million	0.193x	-14.80%
2024-04-30	CA$493.83 Million ≈ $357.23 Million	CA$112.03 Million ≈ $81.04 Million	0.227x	-9.29%
2023-04-30	CA$452.58 Million ≈ $327.39 Million	CA$113.19 Million ≈ $81.88 Million	0.250x	-5.17%
2022-04-30	CA$359.76 Million ≈ $260.24 Million	CA$94.87 Million ≈ $68.63 Million	0.264x	+114.48%
2021-04-30	CA$280.16 Million ≈ $202.67 Million	CA$34.45 Million ≈ $24.92 Million	0.123x	-13.27%
2020-04-30	CA$297.05 Million ≈ $214.88 Million	CA$42.11 Million ≈ $30.46 Million	0.142x	+145.50%
2019-04-30	CA$363.00 Million ≈ $262.59 Million	CA$20.96 Million ≈ $15.16 Million	0.058x	+111.41%
2018-04-30	CA$372.40 Million ≈ $269.39 Million	CA$10.17 Million ≈ $7.36 Million	0.027x	+444.92%
2017-04-30	CA$409.76 Million ≈ $296.42 Million	CA$-3.25 Million ≈ $-2.35 Million	-0.008x	-115.11%
2016-04-30	CA$426.14 Million ≈ $308.26 Million	CA$22.33 Million ≈ $16.15 Million	0.052x	+65.58%
2015-04-30	CA$460.39 Million ≈ $333.04 Million	CA$14.57 Million ≈ $10.54 Million	0.032x	-62.54%
2014-04-30	CA$484.35 Million ≈ $350.37 Million	CA$40.92 Million ≈ $29.60 Million	0.084x	-66.78%
2013-04-30	CA$538.33 Million ≈ $389.42 Million	CA$136.93 Million ≈ $99.05 Million	0.254x	+8.37%
2012-04-30	CA$487.70 Million ≈ $352.79 Million	CA$114.48 Million ≈ $82.81 Million	0.235x	+65.73%
2011-04-30	CA$337.85 Million ≈ $244.39 Million	CA$47.85 Million ≈ $34.61 Million	0.142x	+116.96%
2010-04-30	CA$318.27 Million ≈ $230.23 Million	CA$20.78 Million ≈ $15.03 Million	0.065x	-79.21%
2009-04-30	CA$365.35 Million ≈ $264.29 Million	CA$114.73 Million ≈ $82.99 Million	0.314x	+14.33%
2008-04-30	CA$287.91 Million ≈ $208.27 Million	CA$79.08 Million ≈ $57.20 Million	0.275x	-3.61%
2007-04-30	CA$220.99 Million ≈ $159.86 Million	CA$62.97 Million ≈ $45.55 Million	0.285x	+17.68%
2006-04-30	CA$158.84 Million ≈ $114.90 Million	CA$38.46 Million ≈ $27.82 Million	0.242x	+129.62%
2005-04-30	CA$142.50 Million ≈ $103.09 Million	CA$15.03 Million ≈ $10.87 Million	0.105x	+1442.28%
2004-04-30	CA$124.24 Million ≈ $89.87 Million	CA$-976.00K ≈ $-706.02K	-0.008x	-105.81%
2003-04-30	CA$91.16 Million ≈ $65.94 Million	CA$12.32 Million ≈ $8.91 Million	0.135x	+262.77%
2002-04-30	CA$91.52 Million ≈ $66.20 Million	CA$3.41 Million ≈ $2.47 Million	0.037x	-61.69%
2001-04-30	CA$84.48 Million ≈ $61.12 Million	CA$8.22 Million ≈ $5.94 Million	0.097x	+122.31%
2000-04-30	CA$96.00 Million ≈ $69.44 Million	CA$4.20 Million ≈ $3.04 Million	0.044x	+975.87%
1999-04-30	CA$100.10 Million ≈ $72.41 Million	CA$-500.00K ≈ $-361.69K	-0.005x	+2.43%
1998-04-30	CA$117.20 Million ≈ $84.78 Million	CA$-600.00K ≈ $-434.03K	-0.005x	-104.45%
1997-04-30	CA$57.40 Million ≈ $41.52 Million	CA$6.60 Million ≈ $4.77 Million	0.115x	--

About Major Drilling Group International

TO:MDI Canada Other Industrial Metals & Mining

Market Cap

$904.82 Million

CA$1.25 Billion CAD

Market Cap Rank

#9032 Global

#273 in Canada

Share Price

CA$15.21

Change (1 day)

+2.91%

52-Week Range

CA$11.80 - CA$18.40

All Time High

CA$18.40