Major Drilling Group International (MDI) — Financial Flexibility Index

Latest as of January 2026: 0.24x

Major Drilling Group International (MDI) has a Financial Flexibility Index of 0.24x as of January 2026. Free cash flow of CA$46.27 Million (operating CF CA$35.93 Million minus capex CA$10.33 Million) represents 0% of total liabilities (CA$190.98 Million). Also explore MDI net assets growth trend to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.24x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$46.27 Million
Operating CF − Capex

Total Liabilities

CA$190.98 Million
CAD

Capital Expenditures

CA$10.33 Million
CAD

Major Drilling Group International Financial Flexibility Index (1997–2025)

Historical Financial Flexibility Index trend for Major Drilling Group International across 29 annual periods. Check MDI strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Major Drilling Group International (1997–2025)

Year-by-year free cash flow to debt coverage for Major Drilling Group International. For the full company profile including market capitalisation, see MDI market cap overview.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities