Major Drilling Group International Working Capital to Net Assets Ratio
Major Drilling Group International 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. Check MDI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Major Drilling Group International (1997–2026)
Working capital to net assets ratio of Major Drilling Group International from 1997 to 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. See MDI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Major Drilling Group International Working Capital to Net Assets Ratio by Year (1997–2026)
Major Drilling Group International working capital to net assets ratio by year from 1997 to 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 the complete balance sheet picture, see Major Drilling Group International asset portfolio.
| 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 | — |