Caledonia Mining (CMCL) Equity Ratio (2009 - 2026)
Caledonia Mining (CMCL) posted quarterly Equity Ratio of 0.54 for Q1 2026, down 18.95% YoY from 0.67 in Q1 2025, and down 21.36% sequentially from 0.69 in Q4 2025.
Caledonia Mining (CMCL) Equity Ratio (2009 - 2026) Analysis & Trends
Caledonia Mining has disclosed Equity Ratio across 18 years of filings, most recently posting 0.54 for Q1 2026.
- In Q1 2026, Equity Ratio fell 18.95% year-over-year to 0.54; the TTM figure through Mar 2026 stood at 0.54 (down 18.95% YoY), while the FY2025 annual figure was 0.69, up 2.28% from the prior year.
- Equity Ratio eased to 0.54 in Q1 2026, from 0.69 in the prior quarter.
- Over the last five years, Equity Ratio for CMCL reached as high as 0.73 in Q2 2022 and fell as low as 0.54 in Q1 2026.
- The 5-year median for Equity Ratio is 0.68 (2024), against an average of 0.68.
- Annual changes were most pronounced in 2025 — Equity Ratio climbed 7.92% — and 2026, when it declined 18.95%.
- A 5-year view of Equity Ratio shows it stood at 0.67 in 2022, then gained by 1.85% to 0.68 in 2023, then declined by 1.44% to 0.67 in 2024, then gained by 2.28% to 0.69 in 2025, then decreased by 21.36% to 0.54 in 2026.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.54, 0.69, and 0.7 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.70 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.61 |
| 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 | 0.94 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 0.92 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.71 |
| 10 | Caledonia Mining | 3.20 Bn | 3.06 Bn | 32.10 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.70 |
| Jun 30, 2025 | 0.67 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.63 |
| Dec 31, 2023 | 0.68 |
| Sep 30, 2023 | 0.71 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.73 |
| Jun 30, 2022 | 0.73 |
| Mar 31, 2022 | 0.72 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.73 |
| Jun 30, 2021 | 0.73 |