Major Drilling Group International (MDI) — Cash Flow Quality Index
Major Drilling Group International (MDI) has a Cash Flow Quality Index of 0.81x as of July 2026. Operating cash flow of CA$11.75 Million is below net income of CA$14.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Major Drilling Group International cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Major Drilling Group International Cash Flow Quality Index (1997–2026)
Historical Cash Flow Quality Index for Major Drilling Group International across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MDI cash flow conversion.
Annual Cash Flow Quality Index for Major Drilling Group International (1997–2026)
Year-by-year earnings quality comparison for Major Drilling Group International.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 3.83x | CA$81.84 Million | CA$21.38 Million | ▲ +41.5% |
| 2025 | 2.71x | CA$100.92 Million | CA$37.30 Million | ▲ +28.2% |
| 2024 | 2.11x | CA$112.03 Million | CA$53.09 Million | ▲ +81.9% |
| 2023 | 1.16x | CA$113.19 Million | CA$97.57 Million | ▼ -16.3% |
| 2022 | 1.39x | CA$94.87 Million | CA$68.48 Million | ▼ -45.4% |
| 2021 | 2.54x | CA$34.45 Million | CA$13.59 Million | ▲ +49.7% |
| 2013 | 1.69x | CA$136.93 Million | CA$80.87 Million | ▲ +90.0% |
| 2012 | 0.89x | CA$114.48 Million | CA$128.43 Million | ▼ -48.7% |
| 2011 | 1.74x | CA$47.85 Million | CA$27.56 Million | ▼ -30.5% |
| 2009 | 2.50x | CA$114.73 Million | CA$45.94 Million | ▲ +135.6% |
| 2008 | 1.06x | CA$79.08 Million | CA$74.59 Million | ▼ -21.6% |
| 2007 | 1.35x | CA$62.97 Million | CA$46.55 Million | ▲ +0.7% |
| 2006 | 1.34x | CA$38.46 Million | CA$28.64 Million | ▲ +38.8% |
| 2005 | 0.97x | CA$15.03 Million | CA$15.54 Million | ▲ +642.0% |
| 2004 | -0.18x | CA$-976.00K | CA$5.47 Million | ▼ -104.3% |
| 2003 | 4.13x | CA$12.32 Million | CA$2.98 Million | ▲ +6711.4% |
| 1998 | -0.06x | CA$-600.00K | CA$9.60 Million | ▼ -109.5% |
| 1997 | 0.66x | CA$6.60 Million | CA$10.00 Million | — |