Caledonia Mining Corporation (CMCL) — Free Cash Flow Generation Index
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). Explore capital reinvestment ratio of Caledonia Mining Corporation to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Caledonia Mining Corporation Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for Caledonia Mining Corporation across 18 annual periods. For the full cash flow conversion analysis, see CMCL cash generation efficiency.
Annual Free Cash Flow Generation for Caledonia Mining Corporation (1994–2025)
Year-by-year Free Cash Flow Generation Index for Caledonia Mining Corporation. Check CMCL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |