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 0.003x as of April 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$1.78 Million ≈ $1.29 Million USD) by net assets (CA$556.01 Million ≈ $402.21 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 quality index to measure how much of total assets are equity-financed.
Major Drilling Group International - Cash Flow Conversion Efficiency Trend (1997–2026)
This chart illustrates how Major Drilling Group International's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Major Drilling Group International cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Chongqing Road & Bridge Co Ltd
SHG:600106
|
0.011x |
|
Svenska Handelsbanken AB (publ)
ST:SHB-B
|
0.672x |
|
JM AB (publ)
ST:JM
|
-0.005x |
|
Seneca Foods Corp A
NASDAQ:SENEA
|
0.044x |
|
Bowhead Specialty Holdings Inc.
NYSE:BOW
|
0.143x |
|
Centuria Capital Group
AU:CNI
|
0.019x |
|
Hexatronic Group AB
ST:HTRO
|
0.008x |
|
Lontium Semiconductor Corp. A
SHG:688486
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see how much is Major Drilling Group International worth.
| 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
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, North America, 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 met… Read more