Caledonia Mining Corporation (CMCL) — Capital Reinvestment Ratio
Latest as of March 2026:
0.41x
Caledonia Mining Corporation (CMCL) has a Capital Reinvestment Ratio of 0.41x as of March 2026, meaning it reinvests 0% of its operating cash flow ($20.59 Million) in capital expenditures ($8.48 Million). See Caledonia Mining Corporation free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.41x
Capex / Operating Cash Flow
Operating Cash Flow
$20.59 Million
USD
Capital Expenditures
$8.48 Million
USD
Data as of
Mar 2026
Most recent filing
Caledonia Mining Corporation Capital Reinvestment Ratio (1994–2025)
This chart tracks Caledonia Mining Corporation's Capital Reinvestment Ratio across 18 annual periods.
Annual Capital Reinvestment Ratio for Caledonia Mining Corporation (1994–2025)
Year-by-year Capital Reinvestment Ratio for Caledonia Mining Corporation from 1994 to 2025. For live market cap and broader valuation context, see CMCL stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | $76.23 Million | $32.83 Million | ▼ -34.2% |
| 2024 | 0.65x | $41.95 Million | $27.48 Million | ▼ -68.2% |
| 2023 | 2.06x | $14.77 Million | $30.39 Million | ▲ +98.9% |
| 2022 | 1.03x | $42.62 Million | $44.09 Million | ▼ -15.5% |
| 2021 | 1.22x | $30.90 Million | $37.83 Million | ▲ +36.1% |
| 2020 | 0.90x | $30.96 Million | $27.84 Million | ▼ -18.9% |
| 2019 | 1.11x | $18.06 Million | $20.02 Million | ▼ -3.0% |
| 2018 | 1.14x | $17.67 Million | $20.19 Million | ▲ +29.5% |
| 2017 | 0.88x | $24.51 Million | $21.64 Million | ▲ +2.2% |
| 2016 | 0.86x | $23.01 Million | $19.89 Million | ▼ -64.2% |
| 2015 | 2.41x | $6.87 Million | $16.57 Million | ▲ +387.1% |
| 2014 | 0.50x | $11.81 Million | $5.85 Million | ▼ -38.0% |
| 2013 | 0.80x | $13.79 Million | $11.02 Million | ▲ +200.4% |
| 2012 | 0.27x | $29.88 Million | $7.95 Million | ▼ -45.6% |
| 2011 | 0.49x | $17.07 Million | $8.35 Million | ▼ -55.9% |
| 2010 | 1.11x | $6.57 Million | $7.29 Million | ▼ -85.2% |
| 1996 | 7.49x | $3.28 Million | $24.59 Million | ▲ +332.7% |
| 1994 | 1.73x | $2.60 Million | $4.50 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow