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 39.4% as of April 2026. Working capital of CA$218.93 Million (current assets of CA$372.35 Million minus current liabilities of CA$153.42 Million) is measured against net assets of CA$556.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Major Drilling Group International to measure the company's free cash flow as a share of total liabilities.
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 April 2026, the ratio stands at 39.4%, reflecting working capital of CA$218.93 Million against net assets of CA$556.01 Million CAD. See Major Drilling Group International defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see MDI market cap.
| 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 | — |