Major Drilling Group International (MDI) - Total Assets
Based on the latest financial reports, Major Drilling Group International (MDI) holds total assets worth CA$734.61 Million CAD (≈ $531.41 Million USD) as of January 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. Check cash flow reinvestment rate of Major Drilling Group International to assess the company's total reinvestment commitment from operating cash flow.
Major Drilling Group International - Total Assets Trend (1997–2025)
This chart illustrates how Major Drilling Group International's total assets have evolved over time, based on quarterly financial data. Explore MDI strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Major Drilling Group International - Asset Composition Analysis
Current Asset Composition (April 2025)
Major Drilling Group International's total assets of CA$734.61 Million consist of 44.8% current assets and 55.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 6.4% |
| Accounts Receivable | CA$151.72 Million | 21.1% |
| Inventory | CA$115.63 Million | 16.1% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$24.26 Million | 3.4% |
| Goodwill | CA$65.96 Million | 9.2% |
Asset Composition Trend (1997–2025)
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. For live market cap, price, and company overview, see market cap of Major Drilling Group International.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Major Drilling Group International's current assets represent 44.8% of total assets in 2025, a decrease from 64.7% in 1997.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2025, down from 19.3% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 21.1% 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 |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 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 | 2.71 | 3.02 | 2.94 |
| Quick Ratio | 1.85 | 1.87 | 1.81 |
| Cash Ratio | 0.69 | 0.60 | 0.00 |
| Working Capital | CA$218.85 Million | CA$210.83 Million | CA$147.32 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 | 2.53 |
| Latest Market Cap to Assets Ratio | 1.40 |
| Asset Growth Rate (YoY) | 17.4% |
| Total Assets | CA$718.74 Million |
| Market Capitalization | $1.00 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Major Drilling Group International's assets above their book value (1.40x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Major Drilling Group International's assets grew by 17.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Major Drilling Group International (1997–2025)
The table below shows the annual total assets of Major Drilling Group International from 1997 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 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, 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 methane, shallow g… Read more