Caledonia MiningCMCL -0.51%91 Interest Coverage is 7.38 as of Mar. 2026, which is 91% below its 10-year median of 78.86. GuruFocus rates CMCL with a GF Score™ of 91/100 and a GF Value™ of $20.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,319 Metals & Mining companies, Caledonia Mining ranks worse than 75.13% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Caledonia Mining's
Operating Income
for the
three
months ended in Mar. 2026 was $26.9 Mil. Caledonia Mining's Interest Expense for the
three
months ended in Mar. 2026 was $-3.6 Mil.
Caledonia Mining's interest coverage for the quarter that ended in Mar. 2026 was 7.38.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Caledonia Mining's Interest Coverage or its related term are showing as below:
CMCL'
s Interest Coverage Range Over the Past 10 Years
Min: 7.17 Med: 78.86 Max: 307.14
Current: 18.82
CMCL's Interest Coverage is ranked worse than 75.13% of 1319
companies
in the Metals & Mining industry
Industry Median: No Debt
vs CMCL: 18.82
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Caledonia Mining Interest Coverage Related Terms
Caledonia Mining Interest Coverage Historical Data
* Premium members only.
The historical data trend for Caledonia Mining's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
CMCL vs VGZ, IDR, CTGO: Interest Coverage Comparison
For the Gold subindustry, Caledonia Mining's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Caledonia Mining Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Caledonia Mining's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Caledonia Mining (CMCL) has a Interest Coverage of 7.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Caledonia Mining and its competitors. This is 91% below median its historical median of 78.86. Over the past decade, Caledonia Mining's Interest Coverage has ranged from 7.17 to 307.14. According to the industry distribution chart, Caledonia Mining ranks #991 out of 1319 companies in the Metals & Mining industry, placing it in the top 75.1%.
Is Caledonia Mining's Interest Coverage too high?
Caledonia Mining's current Interest Coverage of 7.38 is 91% below median its 10-year median of 78.86. Over the past 10 years, this metric has ranged from a low of 7.17 to a high of 307.14. The Metals & Mining industry median Interest Coverage is 10,000.00. Caledonia Mining's value of 7.38 is 99.9% below this industry median. Based on the distribution chart, Caledonia Mining ranks #991 out of 1319 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's Interest Coverage compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #991 out of 1319 companies for Interest Coverage. This places Caledonia Mining in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Caledonia Mining's value of 7.38 is 99.9% below this benchmark. Historically, Caledonia Mining's own Interest Coverage has ranged from 7.17 to 307.14 over the past decade. While the company's 10-year median is 78.86 vs. the industry median of 10,000.00, Caledonia Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caledonia Mining's current Interest Coverage of 7.38 is 99.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Caledonia Mining and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Mining's current Interest Coverage is 7.38, which is 91% below median its own 10-year median of 78.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.86, compared to a current price of $19.49 — trading 6.6% below its estimated fair value. The current Interest Coverage is 7.38, which is 91% below median its 10-year median of 78.86 and 99.9% below the Metals & Mining industry median of 10,000.00. Caledonia Mining's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Caledonia Mining (CMCL), the current Interest Coverage is 7.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Caledonia Mining (CMCL) Overvalued in 2026?
Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued.
The current stock price of $19.49 is trading 6.6% below its estimated GF Value™ of $20.86.
GuruFocus considers Caledonia Mining to be Fairly Valued.
Key valuation signals for CMCL:
Interest Coverage: 7.38 (91% below median its 10-year median of 78.86)
GF Value™: $20.86 vs. price of $19.49 (6.6% below fair value)
Industry Position: 99.9% below the Metals & Mining median (#991 of 1319)
No single metric tells the full story. See the CMCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score
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