Major Drilling Group International Total Assets
Major Drilling Group International total assets. Based on the latest financial reports, Major Drilling Group International (MDI) holds total assets worth CA$812.30 Million CAD (≈ $587.60 Million USD) as of July 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see how much is Major Drilling Group International worth for the company's overall valuation and market capitalisation.
Total Assets of Major Drilling Group International (1997–2026)
Total assets of Major Drilling Group International from 1997 to 2026. This chart illustrates how Major Drilling Group International's total assets have evolved over time, based on quarterly financial data. See MDI stock price and chart for real-time trading data and today's change.
Major Drilling Group International - Asset Composition Analysis
Major Drilling Group International Total Assets Breakdown (April 2026)
Major Drilling Group International total assets breakdown as of April 2026. Major Drilling Group International's total assets of CA$812.30 Million consist of 48.6% current assets and 51.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 8.2% |
| Accounts Receivable | CA$188.50 Million | 24.6% |
| Inventory | CA$111.24 Million | 14.5% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$18.06 Million | 2.4% |
| Goodwill | CA$67.98 Million | 8.9% |
Asset Composition Trend (1997–2026)
This chart illustrates how Major Drilling Group International's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore MDI working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Major Drilling Group International's current assets represent 48.6% of total assets in 2026, a decrease from 64.7% in 1997.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2026, down from 19.3% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 24.6% of total assets.
Major Drilling Group International Competitors by Total Assets
Key competitors of Major Drilling Group International based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Nickel Industries Ltd
AU:NIC
|
Australia | AU$4.07 Billion |
|
Deterra Royalties Ltd
AU:DRR
|
Australia | AU$375.00 Million |
|
Adriatic Metals Plc
F:3FN
|
Germany | €350.05 Million |
|
Vizsla Silver Corp.
TO:VZLA
|
Canada | CA$1.02 Billion |
Major Drilling Group International - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.39 | 2.57 | 2.71 |
| Quick Ratio | 1.70 | 1.69 | 1.84 |
| Cash Ratio | 0.00 | 0.36 | 0.00 |
| Working Capital | CA$237.09 Million | CA$206.82 Million | CA$174.97 Million |
Major Drilling Group International - Advanced Valuation Insights
This section examines the relationship between Major Drilling Group International's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.38 |
| Latest Market Cap to Assets Ratio | 1.18 |
| Asset Growth Rate (YoY) | 6.6% |
| Total Assets | CA$766.00 Million |
| Market Capitalization | $904.82 Million USD |
Valuation Analysis
Above Book Valuation: The market values Major Drilling Group International's assets above their book value (1.18x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Major Drilling Group International's assets grew by 6.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Major Drilling Group International (1997–2026)
The table below shows the annual total assets of Major Drilling Group International from 1997 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-04-30 | CA$766.00 Million ≈ $554.11 Million |
+6.57% |
| 2025-04-30 | CA$718.74 Million ≈ $519.93 Million |
+17.41% |
| 2024-04-30 | CA$612.18 Million ≈ $442.84 Million |
+0.08% |
| 2023-04-30 | CA$611.68 Million ≈ $442.48 Million |
+9.80% |
| 2022-04-30 | CA$557.08 Million ≈ $402.98 Million |
+43.38% |
| 2021-04-30 | CA$388.53 Million ≈ $281.06 Million |
-8.78% |
| 2020-04-30 | CA$425.92 Million ≈ $308.10 Million |
-7.67% |
| 2019-04-30 | CA$461.30 Million ≈ $333.70 Million |
-1.23% |
| 2018-04-30 | CA$467.05 Million ≈ $337.86 Million |
-5.56% |
| 2017-04-30 | CA$494.57 Million ≈ $357.76 Million |
-1.73% |
| 2016-04-30 | CA$503.30 Million ≈ $364.08 Million |
-7.26% |
| 2015-04-30 | CA$542.70 Million ≈ $392.58 Million |
-8.28% |
| 2014-04-30 | CA$591.72 Million ≈ $428.04 Million |
-13.77% |
| 2013-04-30 | CA$686.23 Million ≈ $496.41 Million |
+0.04% |
| 2012-04-30 | CA$685.97 Million ≈ $496.22 Million |
+42.24% |
| 2011-04-30 | CA$482.26 Million ≈ $348.86 Million |
+16.03% |
| 2010-04-30 | CA$415.66 Million ≈ $300.68 Million |
-11.41% |
| 2009-04-30 | CA$469.17 Million ≈ $339.39 Million |
+9.88% |
| 2008-04-30 | CA$426.97 Million ≈ $308.86 Million |
+30.02% |
| 2007-04-30 | CA$328.38 Million ≈ $237.54 Million |
+21.14% |
| 2006-04-30 | CA$271.06 Million ≈ $196.08 Million |
+5.94% |
| 2005-04-30 | CA$255.86 Million ≈ $185.08 Million |
+30.26% |
| 2004-04-30 | CA$196.42 Million ≈ $142.09 Million |
+24.38% |
| 2003-04-30 | CA$157.92 Million ≈ $114.24 Million |
+14.06% |
| 2002-04-30 | CA$138.46 Million ≈ $100.16 Million |
-5.19% |
| 2001-04-30 | CA$146.03 Million ≈ $105.64 Million |
-8.10% |
| 2000-04-30 | CA$158.90 Million ≈ $114.95 Million |
-7.08% |
| 1999-04-30 | CA$171.00 Million ≈ $123.70 Million |
+1.66% |
| 1998-04-30 | CA$168.20 Million ≈ $121.67 Million |
+107.14% |
| 1997-04-30 | CA$81.20 Million ≈ $58.74 Million |
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About Major Drilling Group International
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, North America, South and Central America, Australasia, and Africa. The company offers various drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed met… Read more