Major Drilling Group International (MDI) — Tangible Net Worth Ratio
Major Drilling Group International (MDI) has a Tangible Net Worth Ratio of 97.0% as of July 2026. This metric is calculated by deducting intangible assets (CA$17.34 Million) from net assets (CA$581.23 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Major Drilling Group International growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Major Drilling Group International Tangible Net Worth Ratio (1997–2026)
This chart shows how Major Drilling Group International's Tangible Net Worth Ratio has changed across 30 annual periods from 1997 to 2026. As of July 2026, the ratio stands at 97.0%, reflecting net assets of CA$581.23 Million with intangible assets of CA$17.34 Million CAD. For live market cap and overall valuation, see market value of Major Drilling Group International.
Annual Tangible Net Worth Ratio for Major Drilling Group International (1997–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Major Drilling Group International from 1997 to 2026, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore MDI capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 96.8% | CA$556.01 Million | CA$18.06 Million | CA$766.00 Million | ▲ +1.4 pp |
| 2025 | 95.4% | CA$522.10 Million | CA$24.26 Million | CA$718.74 Million | ▼ -4.2 pp |
| 2024 | 99.6% | CA$493.83 Million | CA$2.22 Million | CA$612.18 Million | ▲ +0.3 pp |
| 2023 | 99.3% | CA$452.58 Million | CA$3.30 Million | CA$611.68 Million | ▲ +0.5 pp |
| 2022 | 98.7% | CA$359.76 Million | CA$4.60 Million | CA$557.08 Million | ▼ -1.1 pp |
| 2021 | 99.8% | CA$280.16 Million | CA$568.00K | CA$388.53 Million | ▲ +0.1 pp |
| 2020 | 99.7% | CA$297.05 Million | CA$946.00K | CA$425.92 Million | ▼ -0.3 pp |
| 2019 | 100.0% | CA$363.00 Million | CA$0.00 | CA$461.30 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$372.40 Million | CA$0.00 | CA$467.05 Million | ▲ +0.2 pp |
| 2017 | 99.8% | CA$409.76 Million | CA$669.00K | CA$494.57 Million | ▲ +0.6 pp |
| 2016 | 99.3% | CA$426.14 Million | CA$3.19 Million | CA$503.30 Million | ▲ +0.6 pp |
| 2015 | 98.6% | CA$460.39 Million | CA$6.26 Million | CA$542.70 Million | ▼ -1.0 pp |
| 2014 | 99.6% | CA$484.35 Million | CA$1.92 Million | CA$591.72 Million | ▲ +0.2 pp |
| 2013 | 99.4% | CA$538.33 Million | CA$3.28 Million | CA$686.23 Million | ▲ +0.7 pp |
| 2012 | 98.7% | CA$487.70 Million | CA$6.29 Million | CA$685.97 Million | ▼ -1.3 pp |
| 2011 | 100.0% | CA$337.85 Million | CA$0.00 | CA$482.26 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$318.27 Million | CA$0.00 | CA$415.66 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$365.35 Million | CA$0.00 | CA$469.17 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$287.91 Million | CA$0.00 | CA$426.97 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$220.99 Million | CA$0.00 | CA$328.38 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$158.84 Million | CA$0.00 | CA$271.06 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$142.50 Million | CA$0.00 | CA$255.86 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$124.24 Million | CA$0.00 | CA$196.42 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$91.16 Million | CA$0.00 | CA$157.92 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$91.52 Million | CA$0.00 | CA$138.46 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$84.48 Million | CA$0.00 | CA$146.03 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$96.00 Million | CA$0.00 | CA$158.90 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$100.10 Million | CA$0.00 | CA$171.00 Million | ▲ +31.8 pp |
| 1998 | 68.2% | CA$117.20 Million | CA$37.30 Million | CA$168.20 Million | ▼ -31.8 pp |
| 1997 | 100.0% | CA$57.40 Million | CA$0.00 | CA$81.20 Million | — |