MDI.TO
Price:
$8.15
Market Cap:
$667.00M
Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services. The company was founded in 1980 and is based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia.[Read more]
Industry
Industrial Materials
IPO Date
1996-08-13
Stock Exchange
TSX
Ticker
MDI.TO
According to Major Drilling Group International Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.35. This represents a change of -2.42% compared to the average of 3.43 of the last 4 quarters.
The mean historical Current Ratio of Major Drilling Group International Inc. over the last ten years is 3.47. The current 3.35 Current Ratio has changed 9.55% with respect to the historical average. Over the past ten years (40 quarters), MDI.TO's Current Ratio was at its highest in in the January 2016 quarter at 4.58. The Current Ratio was at its lowest in in the October 2021 quarter at 2.71.
Average
3.47
Median
3.28
Minimum
2.73
Maximum
4.33
Discovering the peaks and valleys of Major Drilling Group International Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.38%
Maximum Annual Current Ratio = 4.33
Minimum Annual Increase = -27.40%
Minimum Annual Current Ratio = 2.73
Year | Current Ratio | Change |
---|---|---|
2024 | 3.40 | 7.96% |
2023 | 3.15 | 15.18% |
2022 | 2.73 | -7.12% |
2021 | 2.94 | -27.40% |
2020 | 4.05 | 23.52% |
2019 | 3.28 | 1.04% |
2018 | 3.25 | -0.85% |
2017 | 3.27 | -24.07% |
2016 | 4.31 | -0.35% |
2015 | 4.33 | 25.38% |
The current Current Ratio of Major Drilling Group International Inc. (MDI.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
3.09
5-year avg
3.25
10-year avg
3.47
Major Drilling Group International Inc.’s Current Ratio is greater than Pason Systems Inc. (2.62), greater than Hudbay Minerals Inc. (1.86), greater than Ensign Energy Services Inc. (0.98), greater than Precision Drilling Corporation (1.54), greater than Trican Well Service Ltd. (2.62),
Company | Current Ratio | Market cap |
---|---|---|
2.62 | $1.10B | |
1.86 | $4.98B | |
0.98 | $559.33M | |
1.54 | $1.21B | |
2.62 | $894.46M |
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