Caledonia Mining (CMCL) Debt to Equity (2016 - 2026)
Caledonia Mining (CMCL) posted quarterly Debt to Equity of $0.13 for Q1 2026, up 211.1% YoY from $0.04 in Q1 2025, and up 466.29% sequentially from $0.02 in Q4 2025.
Caledonia Mining (CMCL) Debt to Equity (2016 - 2026) Analysis & Trends
Caledonia Mining has disclosed Debt to Equity across 10 years of filings, most recently posting $0.13 for Q1 2026.
- In Q1 2026, Debt to Equity rose 211.1% year-over-year to $0.13; the TTM figure through Mar 2026 stood at $0.13 (up 211.1% YoY), while the FY2025 annual figure was $0.02, up 548.56% from the prior year.
- Debt to Equity advanced to $0.13 in Q1 2026, from $0.02 in the prior quarter.
- Over the last five years, Debt to Equity for CMCL reached as high as $0.13 in Q1 2026 and fell as low as $0.0 in Q2 2022.
- The 5-year median for Debt to Equity is $0.03 (2023), against an average of $0.03.
- Annual changes were most pronounced in 2022 — Debt to Equity plunged 96.65% — and 2023, when it jumped 4318.49%.
- A 5-year view of Debt to Equity shows it stood at $0.05 in 2022, then tumbled by 93.42% 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 jumped by 466.29% to $0.13 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.13, $0.02, and $0.03 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.13 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.14 |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 0.00 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | 0.32 |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.08 |
| 10 | Caledonia Mining | 3.20 Bn | 3.06 Bn | 32.10 Mn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.04 |
| 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 | 0.05 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.02 |
| Jun 30, 2021 | 0.02 |
| Sep 30, 2020 | 0.00 |
| Jun 30, 2020 | 0.01 |