Caledonia Mining (CMCL) Debt to Equity (2016 - 2026)

Caledonia Mining (CMCL) reported Debt to Equity of $0.01 for Q1 2026, down 2.69% year-over-year from $0.01 in Q1 2025, and down 75.36% quarter-over-quarter from $0.02 in Q4 2025.

Caledonia Mining (CMCL) Debt to Equity (2016 - 2026) Analysis & Trends

Caledonia Mining (CMCL) has 10 years of Debt to Equity data on file, last reported at $0.01 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.01, down 2.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.01 (down 2.69% YoY), and the FY2025 annual result was $0.02, up 548.56% from the prior year.
  • Debt to Equity declined to $0.01 in Q1 2026 per CMCL's latest filing, from $0.02 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.14 in Q4 2022 and troughed at $0.0 in Q4 2023.
  • A 5-year average of $0.03 and a median of $0.03 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2023 and 2025: Debt to Equity tumbled 97.93% in 2023, then soared 548.56% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.14 in 2022, then tumbled by 97.93% to $0.0 in 2023, then rose by 22.94% to $0.0 in 2024, then soared by 548.56% to $0.02 in 2025, then plunged by 75.36% to $0.01 in 2026.
  • Business Quant data shows CMCL's Debt to Equity at $0.01 in Q1 2026, $0.02 in Q4 2025, and $0.03 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 0.13
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn -
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - 0.32
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 0.08
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.14
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 Caledonia Mining 3.10 Mn -158.05 Mn 32.10 Mn 0.01

Historic Data

Download Data
DateValue
Mar 31, 2026 0.01
Dec 31, 2025 0.02
Sep 30, 2025 0.03
Jun 30, 2025 0.00
Mar 31, 2025 0.01
Dec 31, 2024 0.00
Sep 30, 2024 0.04
Jun 30, 2024 0.04
Mar 31, 2024 0.03
Dec 31, 2023 0.00
Sep 30, 2023 0.03
Jun 30, 2023 0.03
Mar 31, 2023 0.02
Dec 31, 2022 0.14
Dec 31, 2021 0.03
Jun 30, 2020 0.00
Sep 30, 2018 0.00
Mar 31, 2018 0.02
Dec 31, 2017 0.02
Sep 30, 2017 0.02