Major Drilling Group International (MDI) — Defensive Interval Ratio

Latest as of April 2026: 448 days

Major Drilling Group International (MDI) has a Defensive Interval Ratio of 448 days as of April 2026. Defensive assets of CA$188.50 Million (cash CA$-, short-term investments CA$-, receivables CA$188.50 Million) cover 448 days of daily cash needs of CA$420.34K/day. See MDI working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

448 days
Days of operational coverage

Defensive Assets

CA$188.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$420.34K
Current Liabilities ÷ 365

Current Liabilities

CA$153.42 Million
CAD

Major Drilling Group International Defensive Interval Ratio (1997–2026)

This chart shows how Major Drilling Group International's Defensive Interval Ratio has evolved across 30 annual periods from 1997 to 2026. As of April 2026, the ratio stands at 448 days, meaning defensive assets of CA$188.50 Million can fund 448 days of operations without new revenue. See Major Drilling Group International balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Major Drilling Group International (1997–2026)

The table below presents the year-by-year Defensive Interval Ratio for Major Drilling Group International from 1997 to 2026, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MDI company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2026 448 days CA$188.50 Million CA$420.34K/day CA$- CA$- ▲ +15 days
2025 433 days CA$151.72 Million CA$350.34K/day CA$- CA$- ▼ -23 days
2024 456 days CA$126.05 Million CA$276.30K/day CA$- CA$- ▲ +10 days
2023 446 days CA$139.97 Million CA$313.90K/day CA$- CA$- ▼ -3 days
2022 448 days CA$144.66 Million CA$322.57K/day CA$- CA$- ▼ -181 days
2021 630 days CA$130.90 Million CA$207.89K/day CA$22.36 Million CA$- ▼ -203 days
2020 833 days CA$134.42 Million CA$161.45K/day CA$58.43 Million CA$- ▲ +166 days
2019 667 days CA$119.93 Million CA$179.85K/day CA$27.37 Million CA$- ▼ -12 days
2018 679 days CA$114.64 Million CA$168.86K/day CA$21.26 Million CA$- ▲ +41 days
2017 638 days CA$104.61 Million CA$163.89K/day CA$25.98 Million CA$- ▲ +112 days
2016 527 days CA$63.80 Million CA$121.14K/day CA$- CA$- ▼ -38 days
2015 565 days CA$70.74 Million CA$125.26K/day CA$- CA$- ▲ +151 days
2014 414 days CA$78.39 Million CA$189.41K/day CA$- CA$- ▼ -37 days
2013 451 days CA$108.09 Million CA$239.54K/day CA$- CA$- ▼ -15 days
2012 466 days CA$163.08 Million CA$349.75K/day CA$- CA$- ▲ +124 days
2011 343 days CA$103.02 Million CA$300.57K/day CA$- CA$- ▼ -53 days
2010 396 days CA$72.18 Million CA$182.36K/day CA$- CA$- ▲ +70 days
2009 326 days CA$58.55 Million CA$179.53K/day CA$- CA$- ▼ -57 days
2008 384 days CA$106.77 Million CA$278.34K/day CA$- CA$- ▲ +25 days
2007 358 days CA$80.22 Million CA$223.88K/day CA$- CA$- ▲ +90 days
2006 268 days CA$60.41 Million CA$225.27K/day CA$- CA$135.00K ▼ -16 days
2005 284 days CA$58.93 Million CA$207.46K/day CA$- CA$210.00K ▲ +17 days
2004 268 days CA$38.20 Million CA$142.82K/day CA$- CA$794.00K ▲ +18 days
2003 249 days CA$30.82 Million CA$123.69K/day CA$- CA$745.00K ▼ -75 days
2002 324 days CA$24.46 Million CA$75.53K/day CA$- CA$1.03 Million ▲ +62 days
2001 262 days CA$24.08 Million CA$91.98K/day CA$- CA$1.06 Million ▼ -33 days
2000 295 days CA$24.50 Million CA$83.01K/day CA$- CA$1.60 Million ▲ +67 days
1999 228 days CA$24.20 Million CA$106.30K/day CA$- CA$- ▼ -139 days
1998 367 days CA$37.30 Million CA$101.64K/day CA$- CA$- ▼ -39 days
1997 406 days CA$21.80 Million CA$53.70K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)