Caledonia Mining Corporation (CMCL) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.41x

Caledonia Mining Corporation (CMCL) has a Cash Flow Reinvestment Rate of 0.41x as of March 2026, reinvesting $8.48 Million (capex $8.48 Million ) from operating cash flow of $20.59 Million. See CMCL free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.41x
(Capex + Investments) / Operating CF

Total Reinvested

$8.48 Million
Capex + Investments

Operating Cash Flow

$20.59 Million
USD

Capital Expenditures

$8.48 Million
USD

Caledonia Mining Corporation Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Caledonia Mining Corporation across 18 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Caledonia Mining Corporation.

Annual Cash Flow Reinvestment Rate for Caledonia Mining Corporation (1994–2025)

Year-by-year capital reinvestment analysis for Caledonia Mining Corporation. See Caledonia Mining Corporation (CMCL) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.57x $43.26 Million $76.23 Million $32.83 Million ▼ -60.0%
2024 1.42x $59.53 Million $41.95 Million $27.48 Million ▼ -66.4%
2023 4.22x $62.30 Million $14.77 Million $30.39 Million ▲ +102.8%
2022 2.08x $88.66 Million $42.62 Million $44.09 Million ▼ -12.8%
2021 2.39x $73.75 Million $30.90 Million $37.83 Million ▲ +32.3%
2020 1.80x $55.84 Million $30.96 Million $27.84 Million ▼ -16.6%
2019 2.16x $39.05 Million $18.06 Million $20.02 Million ▼ -5.4%
2018 2.29x $40.38 Million $17.67 Million $20.19 Million ▲ +29.5%
2017 1.77x $43.28 Million $24.51 Million $21.64 Million ▲ +2.2%
2016 1.73x $39.77 Million $23.01 Million $19.89 Million ▼ -28.3%
2015 2.41x $16.57 Million $6.87 Million $16.57 Million ▲ +387.1%
2014 0.50x $5.85 Million $11.81 Million $5.85 Million ▼ -38.0%
2013 0.80x $11.02 Million $13.79 Million $11.02 Million ▲ +200.4%
2012 0.27x $7.95 Million $29.88 Million $7.95 Million ▼ -45.6%
2011 0.49x $8.35 Million $17.07 Million $8.35 Million ▼ -55.9%
2010 1.11x $7.29 Million $6.57 Million $7.29 Million ▼ -85.2%
1996 7.49x $24.59 Million $3.28 Million $24.59 Million ▲ +332.7%
1994 1.73x $4.50 Million $2.60 Million $4.50 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow