Caledonia Mining Balance Sheet Health
Financial Health criteria checks 5/6
Caledonia Mining has a total shareholder equity of $271.9M and total debt of $25.7M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are $339.7M and $67.8M respectively. Caledonia Mining's EBIT is $48.4M making its interest coverage ratio 16.3. It has cash and short-term investments of $7.2M.
Key information
9.5%
Debt to equity ratio
US$25.75m
Debt
| Interest coverage ratio | 16.3x |
| Cash | US$7.20m |
| Equity | US$271.86m |
| Total liabilities | US$67.80m |
| Total assets | US$339.66m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMCL's short term assets ($59.9M) exceed its short term liabilities ($41.5M).
Long Term Liabilities: CMCL's short term assets ($59.9M) exceed its long term liabilities ($26.3M).
Debt to Equity History and Analysis
Debt Level: CMCL's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: CMCL's debt to equity ratio has increased from 0.3% to 9.5% over the past 5 years.
Debt Coverage: CMCL's debt is well covered by operating cash flow (124.1%).
Interest Coverage: CMCL's interest payments on its debt are well covered by EBIT (16.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Caledonia Mining Corporation Plc is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dmitry Kalachev | Canaccord Genuity |
| null null | Cantor Fitzgerald Canada Corporation |
| Asa Bridle | Cantor Fitzgerald Europe |