Caledonia Mining annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Caledonia Mining Net Debt Growth & History (CMCL)
Caledonia Mining's net debt was −$3.1M for fiscal 2025.
View full Caledonia Mining company overviewCaledonia Mining annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$3.1M | $826,000 | — |
| 2024 · Dec 31 | 2024-12-31 | −$4.0M | −$4.6M | — |
| 2023 | 2023-12-31 | $612,000 | −$70,000 | −10.26% |
| 2022 | 2022-12-31 | $682,000 | $17.4M | — |
| 2021 | 2021-12-31 | −$16.7M | $1.8M | — |
| 2020 | 2020-12-31 | −$18.4M | −$11.9M | — |
| 2019 | 2019-12-31 | −$6.6M | −$1.6M | — |
| 2018 | 2018-12-31 | −$5.0M | $6.6M | — |
| 2017 | 2017-12-31 | −$11.6M | −$233,000 | — |
| 2016 | 2016-12-31 | −$11.3M | — | — |
Caledonia Mining quarterly net debt
Q4.17
Q4.18
Q4.19
Q2.20
Q4.20
Q4.21
Q4.22
Q4.23
Q2.24
Q3.24
Q4.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$54.9M | −$63.0M | — |
| Q1 2026 | 2026-03-31 | −$54.2M | −$73.3M | — |
| Q4 2025 | 2025-12-31 | −$3.1M | $826,000 | — |
| Q3 2025 | 2025-09-30 | $8.1M | $6.1M | +299.61% |
| Q2 2025 | 2025-06-30 | $8.1M | $14.3M | — |
| Q4 2024 · Mar 24 | 2025-03-24 | $19.1M | — | — |
| Q4 2024 · Dec 31 | 2024-12-31 | −$4.0M | −$4.6M | — |
| Q3 2024 | 2024-09-30 | $2.0M | — | — |
| Q2 2024 | 2024-06-30 | −$6.2M | — | — |
| Q4 2023 | 2023-12-31 | $612,000 | −$70,000 | −10.26% |
| Q4 2022 | 2022-12-31 | $682,000 | $17.4M | — |
| Q4 2021 | 2021-12-31 | −$16.7M | $1.8M | — |
| Q4 2020 | 2020-12-31 | −$18.4M | −$11.9M | — |
| Q2 2020 | 2020-06-30 | −$10.9M | — | — |
| Q4 2019 | 2019-12-31 | −$6.6M | −$1.6M | — |
| Q4 2018 | 2018-12-31 | −$5.0M | $6.6M | — |
| Q4 2017 | 2017-12-31 | −$11.6M | — | — |
Caledonia Mining net debt trends
Over the last five fiscal years, Caledonia Mining's net debt increased from −$18.4M to −$3.1M, a change of $15.3M. The latest reported quarter, Q2 2026, shows −$54.9M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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