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 CMCL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see CMCL current and non-current assets.
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. Check Caledonia Mining Corporation Plc liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |