Major Drilling Group International Financial Health

Short Term Liabilities: MDI's short term assets (CA$359.6M) exceed its short term liabilities (CA$125.0M).

Long Term Liabilities: MDI's short term assets (CA$359.6M) exceed its long term liabilities (CA$53.4M).

Debt Level: MDI has more cash than its total debt.

Reducing Debt: MDI's debt to equity ratio has increased from 5.5% to 7.1% over the past 5 years.

Debt Coverage: MDI's debt is well covered by operating cash flow (423.5%).

Interest Coverage: MDI's interest payments on its debt are well covered by EBIT (83.2x coverage).

• Healthy companies in the Materials industry.