Major Drilling Group International (MDI) — Working Capital to Net Assets Ratio
Major Drilling Group International (MDI) has a Working Capital to Net Assets ratio of 40.8% as of July 2026. Working capital of CA$237.09 Million (current assets of CA$407.25 Million minus current liabilities of CA$170.16 Million) is measured against net assets of CA$581.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Major Drilling Group International (MDI) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Major Drilling Group International Working Capital to Net Assets (1997–2026)
This chart shows how Major Drilling Group International's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1997 to 2026. As of July 2026, the ratio stands at 40.8%, reflecting working capital of CA$237.09 Million against net assets of CA$581.23 Million CAD. For the complete balance sheet picture, see balance sheet size of Major Drilling Group International.
Annual Working Capital to Net Assets for Major Drilling Group International (1997–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Major Drilling Group International from 1997 to 2026, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check how resilient are Major Drilling Group International's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 39.4% | CA$218.93 Million | CA$556.01 Million | CA$372.35 Million | CA$153.42 Million | ▲ +2.2 pp |
| 2025 | 37.1% | CA$193.95 Million | CA$522.10 Million | CA$321.83 Million | CA$127.88 Million | ▼ -11.8 pp |
| 2024 | 49.0% | CA$241.76 Million | CA$493.83 Million | CA$342.61 Million | CA$100.85 Million | ▼ -5.4 pp |
| 2023 | 54.3% | CA$245.95 Million | CA$452.58 Million | CA$360.52 Million | CA$114.57 Million | ▼ -2.3 pp |
| 2022 | 56.7% | CA$203.92 Million | CA$359.76 Million | CA$321.66 Million | CA$117.74 Million | ▲ +4.1 pp |
| 2021 | 52.6% | CA$147.32 Million | CA$280.16 Million | CA$223.20 Million | CA$75.88 Million | ▼ -8.0 pp |
| 2020 | 60.5% | CA$179.81 Million | CA$297.05 Million | CA$238.74 Million | CA$58.93 Million | ▲ +19.3 pp |
| 2019 | 41.2% | CA$149.67 Million | CA$363.00 Million | CA$215.31 Million | CA$65.64 Million | ▲ +4.1 pp |
| 2018 | 37.2% | CA$138.45 Million | CA$372.40 Million | CA$200.08 Million | CA$61.63 Million | ▲ +4.0 pp |
| 2017 | 33.2% | CA$136.04 Million | CA$409.76 Million | CA$195.86 Million | CA$59.82 Million | ▼ -1.2 pp |
| 2016 | 34.4% | CA$146.45 Million | CA$426.14 Million | CA$190.67 Million | CA$44.22 Million | ▲ +1.3 pp |
| 2015 | 33.0% | CA$152.13 Million | CA$460.39 Million | CA$197.85 Million | CA$45.72 Million | ▼ -2.0 pp |
| 2014 | 35.0% | CA$169.50 Million | CA$484.35 Million | CA$238.63 Million | CA$69.14 Million | ▼ -1.6 pp |
| 2013 | 36.6% | CA$197.21 Million | CA$538.33 Million | CA$284.64 Million | CA$87.43 Million | ▲ +0.5 pp |
| 2012 | 36.1% | CA$176.04 Million | CA$487.70 Million | CA$303.70 Million | CA$127.66 Million | ▲ +10.0 pp |
| 2011 | 26.1% | CA$88.02 Million | CA$337.85 Million | CA$197.73 Million | CA$109.71 Million | ▼ -6.8 pp |
| 2010 | 32.9% | CA$104.63 Million | CA$318.27 Million | CA$171.19 Million | CA$66.56 Million | ▼ -2.7 pp |
| 2009 | 35.6% | CA$129.94 Million | CA$365.35 Million | CA$195.47 Million | CA$65.53 Million | ▼ -3.1 pp |
| 2008 | 38.6% | CA$111.20 Million | CA$287.91 Million | CA$212.79 Million | CA$101.59 Million | ▼ -0.3 pp |
| 2007 | 38.9% | CA$86.03 Million | CA$220.99 Million | CA$167.75 Million | CA$81.72 Million | ▼ -1.5 pp |
| 2006 | 40.4% | CA$64.17 Million | CA$158.84 Million | CA$146.39 Million | CA$82.22 Million | ▲ +3.4 pp |
| 2005 | 37.0% | CA$52.74 Million | CA$142.50 Million | CA$128.46 Million | CA$75.72 Million | ▲ +6.3 pp |
| 2004 | 30.7% | CA$38.17 Million | CA$124.24 Million | CA$90.30 Million | CA$52.13 Million | ▲ +3.1 pp |
| 2003 | 27.7% | CA$25.22 Million | CA$91.16 Million | CA$70.37 Million | CA$45.15 Million | ▼ -5.7 pp |
| 2002 | 33.4% | CA$30.55 Million | CA$91.52 Million | CA$58.12 Million | CA$27.57 Million | ▼ -1.4 pp |
| 2001 | 34.8% | CA$29.41 Million | CA$84.48 Million | CA$62.98 Million | CA$33.57 Million | ▼ -6.3 pp |
| 2000 | 41.1% | CA$39.50 Million | CA$96.00 Million | CA$69.80 Million | CA$30.30 Million | ▲ +0.9 pp |
| 1999 | 40.3% | CA$40.30 Million | CA$100.10 Million | CA$79.10 Million | CA$38.80 Million | ▲ +0.1 pp |
| 1998 | 40.2% | CA$47.10 Million | CA$117.20 Million | CA$84.20 Million | CA$37.10 Million | ▼ -17.1 pp |
| 1997 | 57.3% | CA$32.90 Million | CA$57.40 Million | CA$52.50 Million | CA$19.60 Million | — |