Major Drilling Group International (MDI) — Financial Flexibility Index
Major Drilling Group International (MDI) has a Financial Flexibility Index of 0.11x as of July 2026. Free cash flow of CA$25.21 Million (operating CF CA$11.75 Million minus capex CA$13.46 Million) represents 0% of total liabilities (CA$231.07 Million). Check Major Drilling Group International investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Major Drilling Group International Financial Flexibility Index (1997–2026)
Historical Financial Flexibility Index trend for Major Drilling Group International across 30 annual periods. For the full cash flow conversion analysis, see Major Drilling Group International (MDI) cash flow conversion.
Annual Financial Flexibility Index for Major Drilling Group International (1997–2026)
Year-by-year free cash flow to debt coverage for Major Drilling Group International. Explore Major Drilling Group International (MDI) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.68x | CA$142.88 Million | CA$81.84 Million | CA$209.98 Million | ▼ -22.8% |
| 2025 | 0.88x | CA$173.44 Million | CA$100.92 Million | CA$196.64 Million | ▼ -43.7% |
| 2024 | 1.57x | CA$185.57 Million | CA$112.03 Million | CA$118.35 Million | ▲ +45.1% |
| 2023 | 1.08x | CA$171.88 Million | CA$113.19 Million | CA$159.11 Million | ▲ +47.2% |
| 2022 | 0.73x | CA$144.81 Million | CA$94.87 Million | CA$197.32 Million | ▲ +21.0% |
| 2021 | 0.61x | CA$65.75 Million | CA$34.45 Million | CA$108.37 Million | ▲ +5.4% |
| 2020 | 0.58x | CA$74.15 Million | CA$42.11 Million | CA$128.87 Million | ▲ +21.8% |
| 2019 | 0.47x | CA$46.45 Million | CA$20.96 Million | CA$98.30 Million | ▲ +36.9% |
| 2018 | 0.35x | CA$32.68 Million | CA$10.17 Million | CA$94.65 Million | ▲ +103.3% |
| 2017 | 0.17x | CA$14.41 Million | CA$-3.25 Million | CA$84.81 Million | ▼ -62.0% |
| 2016 | 0.45x | CA$34.45 Million | CA$22.33 Million | CA$77.16 Million | ▲ +25.3% |
| 2015 | 0.36x | CA$29.32 Million | CA$14.57 Million | CA$82.31 Million | ▼ -39.8% |
| 2014 | 0.59x | CA$63.55 Million | CA$40.92 Million | CA$107.38 Million | ▼ -57.5% |
| 2013 | 1.39x | CA$205.94 Million | CA$136.93 Million | CA$147.90 Million | ▲ +41.1% |
| 2012 | 0.99x | CA$195.61 Million | CA$114.48 Million | CA$198.27 Million | ▲ +29.0% |
| 2011 | 0.76x | CA$110.42 Million | CA$47.85 Million | CA$144.42 Million | ▲ +64.3% |
| 2010 | 0.47x | CA$45.31 Million | CA$20.78 Million | CA$97.39 Million | ▼ -71.5% |
| 2009 | 1.63x | CA$169.42 Million | CA$114.73 Million | CA$103.83 Million | ▲ +54.2% |
| 2008 | 1.06x | CA$147.18 Million | CA$79.08 Million | CA$139.06 Million | ▲ +13.9% |
| 2007 | 0.93x | CA$99.77 Million | CA$62.97 Million | CA$107.39 Million | ▲ +58.0% |
| 2006 | 0.59x | CA$65.97 Million | CA$38.46 Million | CA$112.23 Million | ▲ +129.0% |
| 2005 | 0.26x | CA$29.09 Million | CA$15.03 Million | CA$113.35 Million | ▲ +13.4% |
| 2004 | 0.23x | CA$16.34 Million | CA$-976.00K | CA$72.19 Million | ▼ -40.1% |
| 2003 | 0.38x | CA$25.25 Million | CA$12.32 Million | CA$66.76 Million | ▲ +111.6% |
| 2002 | 0.18x | CA$8.39 Million | CA$3.41 Million | CA$46.94 Million | ▼ -42.1% |
| 2001 | 0.31x | CA$19.01 Million | CA$8.22 Million | CA$61.55 Million | ▲ +50.6% |
| 2000 | 0.21x | CA$12.90 Million | CA$4.20 Million | CA$62.90 Million | ▲ +38.5% |
| 1999 | 0.15x | CA$10.50 Million | CA$-500.00K | CA$70.90 Million | ▼ -88.5% |
| 1998 | 1.29x | CA$65.60 Million | CA$-600.00K | CA$51.00 Million | ▲ +70.1% |
| 1997 | 0.76x | CA$18.00 Million | CA$6.60 Million | CA$23.80 Million | — |