B2Gold Financial Statements From 2010 to 2025

BTO Stock  CAD 3.87  0.02  0.52%   
B2Gold Corp financial statements provide useful quarterly and yearly information to potential B2Gold Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on B2Gold Corp financial statements helps investors assess B2Gold Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting B2Gold Corp's valuation are summarized below:
Gross Profit
1.1 B
Profit Margin
(0.33)
Market Capitalization
5.1 B
Enterprise Value Revenue
1.9136
Revenue
1.9 B
We have found one hundred twenty available fundamental signals for B2Gold Corp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate B2Gold Corp's prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself this quarter and beyond. As of the 1st of March 2025, Market Cap is likely to grow to about 3.7 B, while Enterprise Value is likely to drop about 1.7 B.

B2Gold Corp Total Revenue

2.34 Billion

Check B2Gold Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among B2Gold Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 485.9 M, Interest Expense of 10.9 M or Selling General Administrative of 55.4 M, as well as many indicators such as Price To Sales Ratio of 4.39, Dividend Yield of 0.025 or PTB Ratio of 1.21. B2Gold financial statements analysis is a perfect complement when working with B2Gold Corp Valuation or Volatility modules.
  
This module can also supplement various B2Gold Corp Technical models . Check out the analysis of B2Gold Corp Correlation against competitors.
To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.

B2Gold Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.9 B5.6 B2.8 B
Slightly volatile
Short and Long Term Debt Total242.5 M207.9 M267.4 M
Very volatile
Total Current Liabilities378.5 M360.5 M200.9 M
Slightly volatile
Total Stockholder Equity4.6 B4.4 B2.1 B
Slightly volatile
Property Plant And Equipment Net4.3 B4.1 BB
Slightly volatile
Accounts Payable201.8 M192.2 M89.9 M
Slightly volatile
Cash224.7 M352.9 M247.8 M
Slightly volatile
Non Current Assets TotalB4.8 B2.3 B
Slightly volatile
Non Currrent Assets Other459.2 M437.3 M122 M
Slightly volatile
Cash And Short Term Investments226.9 M352.9 M247.9 M
Slightly volatile
Net Receivables24.3 M43.3 M26.4 M
Slightly volatile
Common Stock Shares Outstanding792.4 M1.4 B859.1 M
Slightly volatile
Liabilities And Stockholders Equity5.9 B5.6 B2.8 B
Slightly volatile
Non Current Liabilities Total396.3 M748.8 M449.3 M
Slightly volatile
Inventory418.4 M398.5 M193.5 M
Slightly volatile
Other Current Assets37.5 M65.9 M37.5 M
Slightly volatile
Other Stockholder Equity97.3 M76.5 M93.1 M
Slightly volatile
Total Liabilities558.6 M1.1 B636.7 M
Slightly volatile
Property Plant And Equipment Gross7.7 B7.4 B2.7 B
Slightly volatile
Total Current Assets414 M817.3 M466.1 M
Slightly volatile
Short Term Debt5.4 M5.7 M31.8 M
Very volatile
Short Term Investments413 K434.7 K2.5 M
Slightly volatile
Current Deferred Revenue149.4 M142.3 M66.4 M
Slightly volatile
Common Stock Total Equity2.1 B2.8 B1.9 B
Slightly volatile
Common Stock2.4 BB2.1 B
Slightly volatile
Other Liabilities265.6 M338.2 M251.9 M
Slightly volatile
Net Tangible Assets2.1 B3.5 BB
Slightly volatile
Long Term Debt212.6 M136.8 M260.8 M
Slightly volatile
Good Will161.7 M181.9 M198.3 M
Slightly volatile
Long Term Investments265.8 M253.1 M142.8 M
Slightly volatile
Short and Long Term Debt13.3 M14 M110.1 M
Slightly volatile
Property Plant Equipment2.2 B2.6 BB
Slightly volatile
Deferred Long Term Liabilities5.7 MM43.2 M
Slightly volatile
Long Term Debt Total35.7 M37.5 M284.6 M
Slightly volatile
Capital Surpluse69.8 M90 M68.5 M
Pretty Stable
Non Current Liabilities Other28.8 M27.4 M7.3 M
Slightly volatile
Cash And Equivalents787.2 M749.7 M337.3 M
Slightly volatile
Net Invested CapitalB4.6 B2.7 B
Slightly volatile
Capital Stock2.8 BB2.5 B
Slightly volatile
Capital Lease Obligations24.3 M26 M28.7 M
Pretty Stable

B2Gold Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization485.9 M462.7 M231.8 M
Slightly volatile
Selling General Administrative55.4 M71.7 M59 M
Slightly volatile
Other Operating Expenses1.9 B1.8 B826.2 M
Slightly volatile
Total Operating ExpensesB983.2 M233.6 M
Slightly volatile
Total Revenue2.3 B2.2 B1.1 B
Slightly volatile
Gross Profit1.4 B1.4 B504.4 M
Slightly volatile
Cost Of Revenue571.2 M864.7 M572.7 M
Slightly volatile
Non Recurring3.5 M3.7 M246.5 M
Slightly volatile
Tax Provision182.7 M320.6 M125.4 M
Slightly volatile
Interest Income16.1 M16.7 M27.4 M
Slightly volatile
Reconciled Depreciation343.3 M462.7 M257.1 M
Slightly volatile
Selling And Marketing Expenses20.9 M23.5 M25.6 M
Slightly volatile

B2Gold Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital ExpendituresB955.9 M374.2 M
Slightly volatile
End Period Cash Flow224.7 M352.9 M247.8 M
Slightly volatile
Stock Based Compensation17.1 M24.1 M17 M
Slightly volatile
Sale Purchase Of Stock30.7 M16.4 M21.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.392.313.7564
Slightly volatile
Dividend Yield0.0250.04320.0154
Slightly volatile
PTB Ratio1.210.921.4473
Very volatile
Days Sales Outstanding14.4415.223.1762
Slightly volatile
Book Value Per Share1.582.862.2023
Pretty Stable
Stock Based Compensation To Revenue0.01180.01240.0309
Slightly volatile
PB Ratio1.210.921.4473
Very volatile
EV To Sales4.482.243.8665
Slightly volatile
Inventory Turnover3.872.53.4921
Pretty Stable
Days Of Inventory On Hand124193119
Pretty Stable
Payables Turnover5.74.056.8374
Pretty Stable
Sales General And Administrative To Revenue0.03520.03710.1064
Slightly volatile
Capex To Revenue0.360.490.3571
Pretty Stable
Cash Per Share0.470.290.4667
Slightly volatile
Payout Ratio17.4816.643.3889
Slightly volatile
Days Payables Outstanding61.5593.2958.6306
Very volatile
EV To Operating Cash Flow5.824.748.5478
Slightly volatile
Intangibles To Total Assets0.02710.02410.033
Slightly volatile
Current Ratio4.092.613.3408
Slightly volatile
Tangible Book Value Per Share1.552.862.1694
Pretty Stable
Receivables Turnover24.0624.8630.3832
Pretty Stable
Graham Number0.650.682.6639
Pretty Stable
Shareholders Equity Per Share1.542.782.1567
Pretty Stable
Debt To Equity0.04060.04270.1545
Slightly volatile
Capex Per Share0.640.610.3652
Slightly volatile
Average Receivables4.1 M4.7 M5.1 M
Slightly volatile
Revenue Per Share0.761.410.9993
Slightly volatile
Interest Debt Per Share0.20.140.2812
Pretty Stable
Debt To Assets0.03170.03340.1028
Slightly volatile
Operating Cycle148193139
Pretty Stable
Price Book Value Ratio1.210.921.4473
Very volatile
Days Of Payables Outstanding61.5593.2958.6306
Very volatile
Dividend Payout Ratio17.4816.643.3889
Slightly volatile
Ebt Per Ebit1.170.881.3143
Slightly volatile
Company Equity Multiplier1.071.151.3412
Pretty Stable
Long Term Debt To Capitalization0.04190.04410.1186
Slightly volatile
Total Debt To Capitalization0.03870.04080.1216
Slightly volatile
Debt Equity Ratio0.04060.04270.1545
Slightly volatile
Quick Ratio1.271.342.2972
Slightly volatile
Net Income Per E B T0.03440.03620.5559
Slightly volatile
Cash Ratio1.071.131.9811
Slightly volatile
Cash Conversion Cycle90.7510084.0642
Pretty Stable
Days Of Inventory Outstanding124193119
Pretty Stable
Days Of Sales Outstanding14.4415.223.1762
Slightly volatile
Price To Book Ratio1.210.921.4473
Very volatile
Fixed Asset Turnover0.40.490.4933
Slightly volatile
Debt Ratio0.03170.03340.1028
Slightly volatile
Price Sales Ratio4.392.313.7564
Slightly volatile
Asset Turnover0.280.360.3489
Slightly volatile
Gross Profit Margin0.30.550.3655
Slightly volatile
Price Fair Value1.210.921.4473
Very volatile

B2Gold Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.7 B3.5 B2.7 B
Slightly volatile

B2Gold Fundamental Market Drivers

Forward Price Earnings6.1275
Cash And Short Term Investments306.9 M

About B2Gold Corp Financial Statements

B2Gold Corp investors utilize fundamental indicators, such as revenue or net income, to predict how B2Gold Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue142.3 M149.4 M
Total Revenue2.2 B2.3 B
Cost Of Revenue864.7 M571.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.04 
Capex To Revenue 0.49  0.36 
Revenue Per Share 1.41  0.76 
Ebit Per Revenue 0.15  0.16 

Pair Trading with B2Gold Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B2Gold Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B2Gold Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with B2Gold Stock

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Moving against B2Gold Stock

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The ability to find closely correlated positions to B2Gold Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B2Gold Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B2Gold Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling B2Gold Corp to buy it.
The correlation of B2Gold Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B2Gold Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B2Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B2Gold Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:
Check out the analysis of B2Gold Corp Correlation against competitors.
To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.