Caledonia Mining Corporation (CMCL) — Cash Flow-to-Debt Ratio
Caledonia Mining Corporation (CMCL) has a Cash Flow-to-Debt Ratio of 0.16x as of March 2026, meaning its operating cash flow of $20.59 Million could theoretically repay 0% of its total liabilities ($128.35 Million) in one year. See how much free cash does Caledonia Mining Corporation generate to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Caledonia Mining Corporation Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for Caledonia Mining Corporation across 35 annual periods. Also explore net asset momentum of Caledonia Mining Corporation to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Caledonia Mining Corporation (1991–2025)
Year-by-year debt coverage analysis for Caledonia Mining Corporation. For market capitalisation and broader financial context, see Caledonia Mining Corporation (CMCL) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.59x | $76.23 Million | $128.35 Million | ▲ +61.2% |
| 2024 | 0.37x | $41.95 Million | $113.90 Million | ▲ +159.6% |
| 2023 | 0.14x | $14.77 Million | $104.10 Million | ▼ -74.2% |
| 2022 | 0.55x | $42.62 Million | $77.50 Million | ▲ +3.9% |
| 2021 | 0.53x | $30.90 Million | $58.41 Million | ▼ -66.0% |
| 2020 | 1.56x | $30.96 Million | $19.88 Million | ▲ +62.5% |
| 2019 | 0.96x | $18.06 Million | $18.84 Million | ▲ +154.4% |
| 2018 | 0.38x | $17.67 Million | $46.88 Million | ▼ -37.2% |
| 2017 | 0.60x | $24.51 Million | $40.84 Million | ▼ -18.1% |
| 2016 | 0.73x | $23.01 Million | $31.39 Million | ▲ +139.9% |
| 2015 | 0.31x | $6.87 Million | $22.48 Million | ▼ -58.2% |
| 2014 | 0.73x | $11.81 Million | $16.16 Million | ▼ -12.3% |
| 2013 | 0.83x | $13.79 Million | $16.56 Million | ▼ -54.6% |
| 2012 | 1.83x | $29.88 Million | $16.29 Million | ▲ +30.3% |
| 2011 | 1.41x | $17.07 Million | $12.13 Million | ▲ +85.2% |
| 2010 | 0.76x | $6.57 Million | $8.64 Million | ▲ +491.8% |
| 2009 | -0.19x | $-990.35K | $5.11 Million | ▲ +88.1% |
| 2008 | -1.63x | $-2.81 Million | $1.73 Million | ▼ -269.9% |
| 2007 | -0.44x | $-2.39 Million | $5.45 Million | ▼ -15.8% |
| 2006 | -0.38x | $-2.32 Million | $6.11 Million | ▲ +83.7% |
| 2005 | -2.32x | $-5.94 Million | $2.55 Million | ▲ +58.0% |
| 2004 | -5.53x | $-6.83 Million | $1.24 Million | ▼ -61.0% |
| 2003 | -3.43x | $-3.75 Million | $1.09 Million | ▼ -214.8% |
| 2002 | -1.09x | $-1.28 Million | $1.17 Million | ▼ -262.6% |
| 2001 | -0.30x | $-704.15K | $2.34 Million | ▼ -845.1% |
| 2000 | -0.03x | $-76.03K | $2.39 Million | ▼ -313.7% |
| 1999 | -0.01x | $-138.09K | $17.95 Million | ▲ +71.5% |
| 1998 | -0.03x | $-714.89K | $26.45 Million | ▲ +81.7% |
| 1997 | -0.15x | $-4.05 Million | $27.46 Million | ▼ -230.2% |
| 1996 | 0.11x | $3.28 Million | $28.97 Million | ▲ +635.0% |
| 1995 | -0.02x | $-499.98K | $23.60 Million | ▼ -134.9% |
| 1994 | 0.06x | $2.60 Million | $42.78 Million | ▲ +103.9% |
| 1993 | -1.57x | $-1.10 Million | $698.34K | ▲ +21.4% |
| 1992 | -2.00x | $-2.41 Million | $1.21 Million | ▼ -500.0% |
| 1991 | -0.33x | $-99.90K | $299.69K | — |