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What is Major Drilling Group International Debt-to-EBITDA?
Major Drilling Group InternationalMJDLF -0.40%85 Debt-to-EBITDA is 0.32 as of Apr. 2026, which is 11% below its 10-year median of 0.36. GuruFocus rates MJDLF with a GF Score™ of 85/100 and a GF Value™ of $8.47 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 594 Metals & Mining companies, Major Drilling Group International ranks better than 71.55% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
MJDLF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.7 Med: 0.36 Max: 0.79
Current: 0.35
During the past 13 years, the highest Debt-to-EBITDA Ratio of Major Drilling Group International was 0.79. The lowest was -3.70. And the median was 0.36.
MJDLF's Debt-to-EBITDA is ranked better than 71.55% of 594
companies
in the Metals & Mining industry
Industry Median: 1.21
vs MJDLF: 0.35
Major Drilling Group International (OTCPK:MJDLF) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Major Drilling Group International Debt-to-EBITDA Related Terms
Major Drilling Group International Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Major Drilling Group International Debt-to-EBITDA Chart
Major Drilling Group International Debt-to-EBITDA Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Major Drilling Group International Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.
Major Drilling Group International (MJDLF) has a Debt-to-EBITDA of 0.32 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Major Drilling Group International. This is 11% below median its historical median of 0.36. According to the industry distribution chart, Major Drilling Group International ranks #169 out of 594 companies in the Metals & Mining industry, placing it in the top 28.5%.
Is Major Drilling Group International's Debt-to-EBITDA too high?
Major Drilling Group International's current Debt-to-EBITDA of 0.32 is 11% below median its 10-year median of 0.36. The Metals & Mining industry median Debt-to-EBITDA is 1.21. Major Drilling Group International's value of 0.32 is 73.6% below this industry median. Based on the distribution chart, Major Drilling Group International ranks #169 out of 594 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Major Drilling Group International has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #169 out of 594 companies for Debt-to-EBITDA. This puts Major Drilling Group International in the upper half of its industry. The industry median Debt-to-EBITDA is 1.21. Major Drilling Group International's value of 0.32 is 73.6% below this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 1.21, Major Drilling Group International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.21, based on 594 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Drilling Group International's current Debt-to-EBITDA of 0.32 is 73.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Major Drilling Group International. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Drilling Group International's current Debt-to-EBITDA is 0.32, which is 11% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.47, compared to a current price of $9.99 — trading 17.9% above its estimated fair value. The current Debt-to-EBITDA is 0.32, which is 11% below median its 10-year median of 0.36 and 73.6% below the Metals & Mining industry median of 1.21. Major Drilling Group International's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current Debt-to-EBITDA is 0.32 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Major Drilling Group International (MJDLF) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of $9.99 is trading 17.9% above its estimated GF Value™ of $8.47.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for MJDLF:
Debt-to-EBITDA: 0.32 (11% below median its 10-year median of 0.36)
GF Value™: $8.47 vs. price of $9.99 (17.9% above fair value)
Industry Position: 73.6% below the Metals & Mining median (#169 of 594)
No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Business Description
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
85GF Score
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