Caledonia Mining Corporation (CMCL) — Net Asset Quality Index
Caledonia Mining Corporation (CMCL) has a Net Asset Quality Index of 68.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $411.89 Million minus total liabilities of $128.35 Million yields net assets of $283.55 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of Caledonia Mining Corporation for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Caledonia Mining Corporation Net Asset Quality Index Over Time (1989–2025)
This chart shows how Caledonia Mining Corporation's Net Asset Quality Index has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the index stands at 68.8%, representing net assets of $283.55 Million against total assets of $411.89 Million USD. For live market cap and overall valuation, see CMCL market cap overview.
Annual Net Asset Quality Index for Caledonia Mining Corporation (1989–2025)
The table below presents the year-by-year Net Asset Quality Index for Caledonia Mining Corporation from 1989 to 2025, covering 37 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of Caledonia Mining Corporation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 68.8% | $283.55 Million | $411.89 Million | $128.35 Million | ▲ +1.5 pp |
| 2024 | 67.3% | $234.46 Million | $348.36 Million | $113.90 Million | ▼ -1.0 pp |
| 2023 | 68.3% | $224.20 Million | $328.30 Million | $104.10 Million | ▲ +1.2 pp |
| 2022 | 67.0% | $157.69 Million | $235.19 Million | $77.50 Million | ▼ -5.3 pp |
| 2021 | 72.3% | $152.46 Million | $210.88 Million | $58.41 Million | ▼ -16.5 pp |
| 2020 | 88.8% | $158.04 Million | $177.92 Million | $19.88 Million | ▲ +1.9 pp |
| 2019 | 86.9% | $124.72 Million | $143.55 Million | $18.84 Million | ▲ +24.2 pp |
| 2018 | 62.7% | $78.81 Million | $125.69 Million | $46.88 Million | ▼ -0.2 pp |
| 2017 | 62.9% | $69.21 Million | $110.06 Million | $40.84 Million | ▼ -2.5 pp |
| 2016 | 65.4% | $59.32 Million | $90.71 Million | $31.39 Million | ▼ -3.7 pp |
| 2015 | 69.1% | $50.36 Million | $72.84 Million | $22.48 Million | ▼ -6.6 pp |
| 2014 | 75.7% | $50.42 Million | $66.59 Million | $16.16 Million | ▲ +1.1 pp |
| 2013 | 74.7% | $48.81 Million | $65.37 Million | $16.56 Million | ▼ -2.8 pp |
| 2012 | 77.4% | $55.91 Million | $72.20 Million | $16.29 Million | ▲ +1.1 pp |
| 2011 | 76.4% | $39.19 Million | $51.32 Million | $12.13 Million | ▲ +7.8 pp |
| 2010 | 68.5% | $18.84 Million | $27.48 Million | $8.64 Million | ▼ -7.2 pp |
| 2009 | 75.8% | $15.99 Million | $21.10 Million | $5.11 Million | ▼ -15.2 pp |
| 2008 | 91.0% | $17.42 Million | $19.14 Million | $1.73 Million | ▲ +9.3 pp |
| 2007 | 81.7% | $24.33 Million | $29.78 Million | $5.45 Million | ▲ +4.3 pp |
| 2006 | 77.4% | $20.88 Million | $26.99 Million | $6.11 Million | ▼ -9.4 pp |
| 2005 | 86.7% | $16.68 Million | $19.23 Million | $2.55 Million | ▼ -7.0 pp |
| 2004 | 93.7% | $18.45 Million | $19.69 Million | $1.24 Million | ▲ +1.1 pp |
| 2003 | 92.7% | $13.82 Million | $14.91 Million | $1.09 Million | ▲ +0.1 pp |
| 2002 | 92.6% | $14.56 Million | $15.73 Million | $1.17 Million | ▲ +7.5 pp |
| 2001 | 85.1% | $13.35 Million | $15.69 Million | $2.34 Million | ▼ -0.6 pp |
| 2000 | 85.7% | $14.33 Million | $16.71 Million | $2.39 Million | ▲ +64.0 pp |
| 1999 | 21.7% | $4.97 Million | $22.92 Million | $17.95 Million | ▲ +1.8 pp |
| 1998 | 19.9% | $6.56 Million | $33.01 Million | $26.45 Million | ▼ -39.6 pp |
| 1997 | 59.5% | $40.32 Million | $67.78 Million | $27.46 Million | ▼ -15.0 pp |
| 1996 | 74.5% | $84.43 Million | $113.40 Million | $28.97 Million | ▲ +0.4 pp |
| 1995 | 74.1% | $67.50 Million | $91.10 Million | $23.60 Million | ▲ +26.8 pp |
| 1994 | 47.3% | $38.38 Million | $81.15 Million | $42.78 Million | ▼ -47.0 pp |
| 1993 | 94.3% | $11.57 Million | $12.27 Million | $698.34K | ▲ +2.9 pp |
| 1992 | 91.4% | $12.76 Million | $13.97 Million | $1.21 Million | ▼ -5.3 pp |
| 1991 | 96.7% | $8.79 Million | $9.09 Million | $299.69K | ▼ -2.2 pp |
| 1990 | 98.9% | $9.09 Million | $9.19 Million | $99.85K | ▲ +0.1 pp |
| 1989 | 98.8% | $8.51 Million | $8.61 Million | $100.13K | — |