Major Drilling Group International (MDI) — Tangible Net Worth Ratio
Major Drilling Group International (MDI) has a Tangible Net Worth Ratio of 96.8% as of April 2026. This metric is calculated by deducting intangible assets (CA$18.06 Million) from net assets (CA$556.01 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. See Major Drilling Group International book value and equity for net asset value and shareholders' equity analysis.
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 April 2026, the ratio stands at 96.8%, reflecting net assets of CA$556.01 Million with intangible assets of CA$18.06 Million CAD. Also explore Major Drilling Group International equity growth rate to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see how much is Major Drilling Group International worth.
| 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 | — |