Major Drilling Group International (MDI) — Cash Flow-to-Debt Ratio
Major Drilling Group International (MDI) has a Cash Flow-to-Debt Ratio of 0.19x as of January 2026, meaning its operating cash flow of CA$35.93 Million could theoretically repay 0% of its total liabilities (CA$190.98 Million) in one year. See MDI free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Major Drilling Group International Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Major Drilling Group International across 29 annual periods. Also explore Major Drilling Group International annual equity growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Major Drilling Group International (1997–2025)
Year-by-year debt coverage analysis for Major Drilling Group International. For market capitalisation and broader financial context, see MDI company net worth.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.51x | CA$100.92 Million | CA$196.64 Million | ▼ -45.8% |
| 2024 | 0.95x | CA$112.03 Million | CA$118.35 Million | ▲ +33.1% |
| 2023 | 0.71x | CA$113.19 Million | CA$159.11 Million | ▲ +48.0% |
| 2022 | 0.48x | CA$94.87 Million | CA$197.32 Million | ▲ +51.3% |
| 2021 | 0.32x | CA$34.45 Million | CA$108.37 Million | ▼ -2.7% |
| 2020 | 0.33x | CA$42.11 Million | CA$128.87 Million | ▲ +53.2% |
| 2019 | 0.21x | CA$20.96 Million | CA$98.30 Million | ▲ +98.4% |
| 2018 | 0.11x | CA$10.17 Million | CA$94.65 Million | ▲ +380.9% |
| 2017 | -0.04x | CA$-3.25 Million | CA$84.81 Million | ▼ -113.2% |
| 2016 | 0.29x | CA$22.33 Million | CA$77.16 Million | ▲ +63.5% |
| 2015 | 0.18x | CA$14.57 Million | CA$82.31 Million | ▼ -53.6% |
| 2014 | 0.38x | CA$40.92 Million | CA$107.38 Million | ▼ -58.8% |
| 2013 | 0.93x | CA$136.93 Million | CA$147.90 Million | ▲ +60.4% |
| 2012 | 0.58x | CA$114.48 Million | CA$198.27 Million | ▲ +74.3% |
| 2011 | 0.33x | CA$47.85 Million | CA$144.42 Million | ▲ +55.3% |
| 2010 | 0.21x | CA$20.78 Million | CA$97.39 Million | ▼ -80.7% |
| 2009 | 1.10x | CA$114.73 Million | CA$103.83 Million | ▲ +94.3% |
| 2008 | 0.57x | CA$79.08 Million | CA$139.06 Million | ▼ -3.0% |
| 2007 | 0.59x | CA$62.97 Million | CA$107.39 Million | ▲ +71.1% |
| 2006 | 0.34x | CA$38.46 Million | CA$112.23 Million | ▲ +158.5% |
| 2005 | 0.13x | CA$15.03 Million | CA$113.35 Million | ▲ +1080.5% |
| 2004 | -0.01x | CA$-976.00K | CA$72.19 Million | ▼ -107.3% |
| 2003 | 0.18x | CA$12.32 Million | CA$66.76 Million | ▲ +154.1% |
| 2002 | 0.07x | CA$3.41 Million | CA$46.94 Million | ▼ -45.6% |
| 2001 | 0.13x | CA$8.22 Million | CA$61.55 Million | ▲ +99.9% |
| 2000 | 0.07x | CA$4.20 Million | CA$62.90 Million | ▲ +1046.8% |
| 1999 | -0.01x | CA$-500.00K | CA$70.90 Million | ▲ +40.1% |
| 1998 | -0.01x | CA$-600.00K | CA$51.00 Million | ▼ -104.2% |
| 1997 | 0.28x | CA$6.60 Million | CA$23.80 Million | — |