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. Check CMCL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. See Caledonia Mining Corporation current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. For market capitalisation and the full company profile, see CMCL stock market capitalisation.
| 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 | — |