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). See Caledonia Mining Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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 Caledonia Mining Corporation (CMCL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

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 market value of Caledonia Mining Corporation.

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).