Caledonia Mining Corporation Plc (CMCL) — Working Capital to Net Assets Ratio
Caledonia Mining Corporation Plc (CMCL) has a Working Capital to Net Assets ratio of 14.0% as of September 2025. Working capital of GBX38.57 Million (current assets of GBX88.10 Million minus current liabilities of GBX49.52 Million) is measured against net assets of GBX276.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Caledonia Mining Corporation Plc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Caledonia Mining Corporation Plc Working Capital to Net Assets (1990–2024)
This chart shows how Caledonia Mining Corporation Plc's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the ratio stands at 14.0%, reflecting working capital of GBX38.57 Million against net assets of GBX276.47 Million GBX. See Caledonia Mining Corporation Plc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Caledonia Mining Corporation Plc (1990–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Caledonia Mining Corporation Plc from 1990 to 2024, covering 35 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Caledonia Mining Corporation Plc stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 6.8% | GBX15.92 Million | GBX234.46 Million | GBX61.32 Million | GBX45.40 Million | ▲ +1.5 pp |
| 2023 | 5.3% | GBX14.10 Million | GBX264.19 Million | GBX54.23 Million | GBX40.13 Million | ▲ +2.2 pp |
| 2022 | 3.1% | GBX5.99 Million | GBX193.46 Million | GBX38.43 Million | GBX32.44 Million | ▼ -16.4 pp |
| 2021 | 19.5% | GBX35.24 Million | GBX180.56 Million | GBX52.93 Million | GBX17.69 Million | ▼ -2.4 pp |
| 2020 | 21.9% | GBX34.62 Million | GBX158.04 Million | GBX44.59 Million | GBX9.96 Million | ▲ +5.9 pp |
| 2019 | 16.0% | GBX19.96 Million | GBX124.72 Million | GBX29.84 Million | GBX9.88 Million | ▼ -4.3 pp |
| 2018 | 20.3% | GBX15.97 Million | GBX78.81 Million | GBX28.17 Million | GBX12.20 Million | ▲ +2.5 pp |
| 2017 | 17.8% | GBX12.31 Million | GBX69.21 Million | GBX27.91 Million | GBX15.60 Million | ▼ -9.1 pp |
| 2016 | 26.9% | GBX15.96 Million | GBX59.32 Million | GBX25.79 Million | GBX9.83 Million | ▼ -3.2 pp |
| 2015 | 30.1% | GBX15.16 Million | GBX50.36 Million | GBX23.56 Million | GBX8.40 Million | ▼ -23.1 pp |
| 2014 | 53.2% | GBX26.81 Million | GBX50.42 Million | GBX31.79 Million | GBX4.98 Million | ▼ -1.9 pp |
| 2013 | 55.1% | GBX26.88 Million | GBX48.81 Million | GBX33.95 Million | GBX7.08 Million | ▲ +8.3 pp |
| 2012 | 46.8% | GBX26.15 Million | GBX55.91 Million | GBX35.48 Million | GBX9.33 Million | ▲ +12.8 pp |
| 2011 | 34.0% | GBX13.31 Million | GBX39.19 Million | GBX17.78 Million | GBX4.47 Million | ▲ +25.7 pp |
| 2010 | 8.3% | GBX1.56 Million | GBX18.84 Million | GBX6.19 Million | GBX4.63 Million | ▼ -10.6 pp |
| 2009 | 18.9% | GBX3.02 Million | GBX15.99 Million | GBX5.65 Million | GBX2.63 Million | ▼ -0.1 pp |
| 2008 | 19.0% | GBX3.31 Million | GBX17.42 Million | GBX4.09 Million | GBX779.79K | ▲ +18.7 pp |
| 2007 | 0.3% | GBX65.64K | GBX24.33 Million | GBX4.45 Million | GBX4.39 Million | ▼ -11.5 pp |
| 2006 | 11.8% | GBX2.47 Million | GBX20.88 Million | GBX7.53 Million | GBX5.06 Million | ▲ +13.5 pp |
| 2005 | -1.7% | GBX-279.83K | GBX16.68 Million | GBX1.95 Million | GBX2.23 Million | ▼ -30.6 pp |
| 2004 | 28.9% | GBX5.34 Million | GBX18.45 Million | GBX6.22 Million | GBX883.42K | ▲ +7.8 pp |
| 2003 | 21.1% | GBX2.92 Million | GBX13.82 Million | GBX3.53 Million | GBX609.21K | ▲ +17.8 pp |
| 2002 | 3.3% | GBX481.48K | GBX14.56 Million | GBX1.33 Million | GBX848.62K | ▲ +15.2 pp |
| 2001 | -11.8% | GBX-1.58 Million | GBX13.35 Million | GBX115.58K | GBX1.70 Million | ▼ -0.9 pp |
| 2000 | -11.0% | GBX-1.57 Million | GBX14.33 Million | GBX133.38K | GBX1.70 Million | ▲ +29.3 pp |
| 1999 | -40.3% | GBX-2.00 Million | GBX4.97 Million | GBX1.52 Million | GBX3.52 Million | ▼ -5.6 pp |
| 1998 | -34.7% | GBX-2.27 Million | GBX6.56 Million | GBX2.73 Million | GBX5.00 Million | ▼ -10.7 pp |
| 1997 | -23.9% | GBX-9.64 Million | GBX40.32 Million | GBX2.87 Million | GBX12.51 Million | ▼ -28.2 pp |
| 1996 | 4.2% | GBX3.58 Million | GBX84.43 Million | GBX13.57 Million | GBX10.00 Million | ▲ +3.0 pp |
| 1995 | 1.2% | GBX799.97K | GBX67.50 Million | GBX6.00 Million | GBX5.20 Million | ▼ -43.3 pp |
| 1994 | 44.5% | GBX17.09 Million | GBX38.38 Million | GBX23.89 Million | GBX6.80 Million | ▲ +45.4 pp |
| 1993 | -0.9% | GBX-99.76K | GBX11.57 Million | GBX299.29K | GBX399.05K | ▼ -9.5 pp |
| 1992 | 8.7% | GBX1.11 Million | GBX12.76 Million | GBX2.01 Million | GBX904.30K | ▼ -32.2 pp |
| 1991 | 40.9% | GBX3.60 Million | GBX8.79 Million | GBX3.90 Million | GBX299.69K | ▲ +2.4 pp |
| 1990 | 38.5% | GBX3.49 Million | GBX9.09 Million | GBX3.59 Million | GBX99.85K | — |