Caledonia Mining Corporation (CMCL) — Free Cash Flow Generation Index

Latest as of March 2026: 0.59x

Caledonia Mining Corporation (CMCL) has a Free Cash Flow Generation Index of 0.59x as of March 2026. Free cash flow of $12.11 Million represents 1% of operating cash flow ($20.59 Million). Read Caledonia Mining Corporation total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.59x
Free Cash Flow / Operating CF

Free Cash Flow

$12.11 Million
USD

Operating Cash Flow

$20.59 Million
USD

Capital Expenditures

$8.48 Million
USD

Caledonia Mining Corporation Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for Caledonia Mining Corporation across 18 annual periods. Explore CMCL capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Caledonia Mining Corporation (1994–2025)

Year-by-year Free Cash Flow Generation Index for Caledonia Mining Corporation. For the full company profile including market capitalisation, see CMCL company net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.57x $43.40 Million $76.23 Million $32.83 Million ▲ +65.0%
2024 0.35x $14.48 Million $41.95 Million $27.48 Million ▲ +132.6%
2023 -1.06x $-15.62 Million $14.77 Million $30.39 Million ▼ -2956.5%
2022 -0.03x $-1.48 Million $42.62 Million $44.09 Million ▲ +84.6%
2021 -0.22x $-6.93 Million $30.90 Million $37.83 Million ▼ -322.3%
2020 0.10x $3.12 Million $30.96 Million $27.84 Million ▲ +192.7%
2019 -0.11x $-1.96 Million $18.06 Million $20.02 Million ▲ +23.9%
2018 -0.14x $-2.52 Million $17.67 Million $20.19 Million ▼ -221.9%
2017 0.12x $2.87 Million $24.51 Million $21.64 Million ▼ -13.7%
2016 0.14x $3.13 Million $23.01 Million $19.89 Million ▲ +109.6%
2015 -1.41x $-9.70 Million $6.87 Million $16.57 Million ▼ -379.7%
2014 0.50x $5.96 Million $11.81 Million $5.85 Million ▲ +151.5%
2013 0.20x $2.77 Million $13.79 Million $11.02 Million ▼ -72.6%
2012 0.73x $21.93 Million $29.88 Million $7.95 Million ▲ +43.7%
2011 0.51x $8.72 Million $17.07 Million $8.35 Million ▲ +564.6%
2010 -0.11x $-721.88K $6.57 Million $7.29 Million ▲ +98.3%
1996 -6.49x $-21.31 Million $3.28 Million $24.59 Million ▼ -788.0%
1994 -0.73x $-1.90 Million $2.60 Million $4.50 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).