Major Drilling Group International (MDI) — Cash Flow-to-Debt Ratio
Major Drilling Group International (MDI) has a Cash Flow-to-Debt Ratio of 0.05x as of July 2026, meaning its operating cash flow of CA$11.75 Million could theoretically repay 0% of its total liabilities (CA$231.07 Million) in one year. See MDI financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Major Drilling Group International Cash Flow-to-Debt Ratio (1997–2026)
Historical debt coverage capacity for Major Drilling Group International across 30 annual periods. For the full cash flow conversion analysis, see Major Drilling Group International cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Major Drilling Group International (1997–2026)
Year-by-year debt coverage analysis for Major Drilling Group International. Check Major Drilling Group International (MDI) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.39x | CA$81.84 Million | CA$209.98 Million | ▼ -24.0% |
| 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 | — |