Caledonia Mining Corporation (CMCL) — Cash Flow Quality Index
Caledonia Mining Corporation (CMCL) has a Cash Flow Quality Index of 1.92x as of March 2026. Operating cash flow of $20.59 Million exceeds net income of $10.70 Million, indicating high earnings quality where cash backs reported profits. Also explore Caledonia Mining Corporation assets under control for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Caledonia Mining Corporation Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Caledonia Mining Corporation across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check CMCL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Caledonia Mining Corporation (1994–2025)
Year-by-year earnings quality comparison for Caledonia Mining Corporation. For live market cap and the full company financial profile, see CMCL market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.38x | $76.23 Million | $55.22 Million | ▼ -41.1% |
| 2024 | 2.34x | $41.95 Million | $17.90 Million | ▲ +73.9% |
| 2023 | 1.35x | $14.77 Million | $10.96 Million | ▲ +27.4% |
| 2022 | 1.06x | $42.62 Million | $40.28 Million | ▲ +31.3% |
| 2021 | 0.81x | $30.90 Million | $38.36 Million | ▲ +6.0% |
| 2020 | 0.76x | $30.96 Million | $40.73 Million | ▲ +156.3% |
| 2019 | 0.30x | $18.06 Million | $60.89 Million | ▼ -64.0% |
| 2018 | 0.82x | $17.67 Million | $21.42 Million | ▼ -60.0% |
| 2017 | 2.06x | $24.51 Million | $11.90 Million | ▲ +68.4% |
| 2016 | 1.22x | $23.01 Million | $18.80 Million | ▲ +51.4% |
| 2015 | 0.81x | $6.87 Million | $8.49 Million | ▼ -21.4% |
| 2014 | 1.03x | $11.81 Million | $11.48 Million | ▼ -74.5% |
| 2012 | 4.04x | $29.88 Million | $7.40 Million | ▲ +181.1% |
| 2011 | 1.44x | $17.07 Million | $11.88 Million | ▼ -50.6% |
| 2010 | 2.91x | $6.57 Million | $2.26 Million | ▲ +349.3% |
| 2006 | -1.17x | $-2.32 Million | $1.99 Million | ▼ -7488.7% |
| 2000 | -0.02x | $-76.03K | $4.94 Million | ▼ -100.5% |
| 1994 | 3.25x | $2.60 Million | $799.55K | — |