Major Drilling Group International (MDI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Major Drilling Group International (MDI) has a cash flow conversion efficiency ratio of 0.066x as of January 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$35.93 Million ≈ $25.99 Million USD) by net assets (CA$543.63 Million ≈ $393.25 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MDI net asset value for net asset value and shareholders' equity analysis.
Major Drilling Group International - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how Major Drilling Group International's cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see market cap of Major Drilling Group International.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
United Fire Group Inc
NASDAQ:UFCS
|
0.068x |
|
Shenyang Blue Silver Ind Auto
SHE:300293
|
-0.041x |
|
Companhia de Saneamento do Paraná - SANEPAR
SA:SAPR3
|
0.414x |
|
SFA Semicon Co. Ltd
KQ:036540
|
-0.016x |
|
Aksa Akrilik Kimya Sanayi AS
IS:AKSA
|
0.004x |
|
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
|
0.074x |
|
Guangan
SHG:600979
|
0.035x |
|
Genomma Lab Internacional S.A.B. de C.V
MX:LABB
|
0.113x |
Annual Cash Flow Conversion Efficiency for Major Drilling Group International (1997–2025)
The table below shows the annual cash flow conversion efficiency of Major Drilling Group International from 1997 to 2025. Read Major Drilling Group International debt and liabilities for a breakdown of total debt and financial obligations.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa. The company offers various drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow g… Read more