Major Drilling Group International (STU:3MJ) LT-Debt-to-Total-Asset: 0.04 (As of Apr. 2026)

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STU:3MJ Major Drilling Group International Inc STU:3MJ
84 GF Score
Price €8.70
GF Value €7.02
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Major Drilling Group International LT-Debt-to-Total-Asset?

Major Drilling Group International STU:3MJ -1.14% 84 LT-Debt-to-Total-Asset is 0.04 as of Apr. 2026. GuruFocus rates STU:3MJ with a GF Score™ of 84/100 and a GF Value™ of €7.02 (Modestly Overvalued). The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Major Drilling Group International's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.04.

Major Drilling Group International's long-term debt to total assets ratio declined from Apr. 2025 (0.05) to Apr. 2026 (0.04). It may suggest that Major Drilling Group International is progressively becoming less dependent on debt to grow their business.

Major Drilling Group International  (STU:3MJ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Major Drilling Group International LT-Debt-to-Total-Asset Related Terms

Major Drilling Group International LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International's LT-Debt-to-Total-Asset can be seen below:

* 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 LT-Debt-to-Total-Asset Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.04 0.01 0.05 0.04

Major Drilling Group International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.04
STU:3MJ
84GF Score
Major Drilling Group International Inc STU:3MJ
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International LT-Debt-to-Total-Asset Calculation

Major Drilling Group International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (A: Apr. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2026 )/Total Assets (A: Apr. 2026 )
=20.843/476.172
=0.04

Major Drilling Group International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )/Total Assets (Q: Apr. 2026 )
=20.843/476.172
=0.04

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.04 mean?
Major Drilling Group International (STU:3MJ) has a LT-Debt-to-Total-Asset of 0.04 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Major Drilling Group International and its competitors.
Is Major Drilling Group International's LT-Debt-to-Total-Asset too high?
Major Drilling Group International's current LT-Debt-to-Total-Asset is 0.04. Overall, Major Drilling Group International has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's LT-Debt-to-Total-Asset compare to competitors?
Major Drilling Group International's LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Major Drilling Group International and its competitors. Major Drilling Group International's current LT-Debt-to-Total-Asset is 0.04. 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 (STU:3MJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.02, compared to a current price of €8.70 — trading 23.9% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.04. Major Drilling Group International's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Major Drilling Group International (STU:3MJ), the current LT-Debt-to-Total-Asset is 0.04 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 (STU:3MJ) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of €8.70 is trading 23.9% above its estimated GF Value™ of €7.02. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for STU:3MJ:

  • LT-Debt-to-Total-Asset: 0.04
  • GF Value™: €7.02 vs. price of €8.70 (23.9% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the STU:3MJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Major Drilling Group International Business Description

Other Exchanges MJDLF:USAMDI:Canada
Address 111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
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.
84GF Score

Get the complete analysis for STU:3MJ

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.70
Price
€7.02
GF Value