B2Gold Corp Financials

BTG Stock  USD 2.89  0.06  2.12%   
Based on the analysis of B2Gold Corp's profitability, liquidity, and operating efficiency, B2Gold Corp is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, B2Gold Corp's Other Current Liabilities is most likely to decrease significantly in the upcoming years. The B2Gold Corp's current Total Stockholder Equity is estimated to increase to about 4 B, while Net Debt is forecasted to increase to (119.8 M). Key indicators impacting B2Gold Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.03790.0399
Notably Down
Pretty Stable
Current Ratio4.092.2673
Way Up
Slightly volatile
Investors should never underestimate B2Gold Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor B2Gold Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in B2Gold Corp.

Net Income

9.59 Million

  
Understanding current and past B2Gold Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of B2Gold Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in B2Gold Corp's assets may result in an increase in income on the income statement.

B2Gold Corp Stock Summary

B2Gold Corp competes with Sandstorm Gold, Kinross Gold, Alamos Gold, Fortuna Silver, and IAMGold. B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. B2Gold Corp operates under Gold classification in the United States and is traded on AMEX Exchange.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINCA11777Q2099
CUSIP11777Q209
LocationBritish Columbia; Canada
Business AddressPark Place, Vancouver,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.b2gold.com
Phone604 681 8371
CurrencyUSD - US Dollar

B2Gold Corp Key Financial Ratios

B2Gold Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.4B3.6B3.7B4.8B5.1B
Other Current Liab2.3M(146.5M)(91.2M)7.7M19.7M20.7M
Other Liab230.5M339.8M319.4M294.1M338.2M355.1M
Net Tangible Assets2.0B2.6B2.9B3.0B3.5B3.6B
Net Debt121.3M(369.7M)(597.9M)(594.7M)(126.1M)(119.8M)
Retained Earnings(261.2M)254.3M507.4M588.1M393.8M413.5M
Accounts Payable83.4M89.1M111.7M114.8M167.1M175.5M
Cash140.6M479.7M673.0M651.9M306.9M224.7M
Other Assets73.3M127.1M147.0M219.4M252.3M264.9M
Long Term Debt235.8M48.7M25.2M41.7M152.0M232.5M
Net Receivables49.0M33.1M42.3M51.2M(3.6M)(3.5M)
Inventory217.9M238.1M272.4M332.0M346.5M363.8M
Other Current Assets24.2M45.0M100.8M51.2M57.3M60.2M
Total Liab631.4M701.8M600.3M569.4M964.6M558.6M
Short Long Term Debt26.0M34.1M25.4M15.5M14.0M13.3M
Total Current Assets407.5M762.7M1.0B1.0B707.1M413.8M
Short Term Debt26.0M34.1M25.4M15.5M4.9M4.7M
Common Stock2.3B2.4B2.4B2.5B3.4B1.7B
Long Term Debt Total454.5M235.8M75.9M49.7M44.8M42.5M

B2Gold Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense26.6M15.8M11.8M10.8M13.9M10.7M
Total Revenue1.2B1.8B1.8B1.7B2.0B2.1B
Gross Profit450.5M958.3M768.6M604.2M794.3M834.0M
Operating Income121.1M606.8M714.6M163.0M327.4M343.8M
Ebit121.1M1.1B706.3M556.7M327.5M173.0M
Ebitda372.4M1.4B1.1B925.3M729.9M766.4M
Cost Of Revenue705.2M830.6M993.7M1.1B1.2B1.2B
Income Before Tax482.4M1.0B726.2M530.6M320.3M177.7M
Net Income293.4M628.1M420.1M252.9M10.1M9.6M
Income Tax Expense173.5M362.0M265.4M243.9M278.7M292.7M
Minority Interest61.4M88.6M(40.8M)(33.9M)(54.4M)(51.7M)
Tax Provision173.5M362.0M265.4M243.9M276.9M182.5M
Interest Income25.0M21.5M12.6M12.0M19.9M15.5M
Net Interest Income(26.6M)(15.8M)(11.8M)1.1M8.0M8.4M

B2Gold Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(18.4M)(24.8M)(24.0M)(50.3M)(24.8M)(26.0M)
Investments(262.8M)(338.0M)(29.8M)(388.8M)(678.5M)(644.6M)
Change In Cash37.8M339.1M193.3M(21.1M)(345.1M)(327.8M)
Net Borrowings(223.8M)(190.7M)(27.4M)(25.8M)(23.2M)(22.0M)
Free Cash Flow230.8M598.1M421.8M205.5M(102.8M)(97.7M)
Depreciation(33.6M)(69.2M)331.9M383.9M426.3M447.6M
Other Non Cash Items187.6M197.6M20.0M20.5M814.4M855.1M
Capital Expenditures261.2M352.6M302.3M390.3M824.9M866.1M
Net Income308.9M672.4M460.8M286.7M10.3M9.8M
End Period Cash Flow140.6M479.7M673.0M651.9M306.9M224.7M
Change To Netincome(15.4M)(71.8M)29.6M60.2M54.2M35.9M

B2Gold Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining B2Gold Corp's current stock value. Our valuation model uses many indicators to compare B2Gold Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across B2Gold Corp competition to find correlations between indicators driving B2Gold Corp's intrinsic value. More Info.
B2Gold Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, B2Gold Corp's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value B2Gold Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

B2Gold Corp Systematic Risk

B2Gold Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. B2Gold Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on B2Gold Corp correlated with the market. If Beta is less than 0 B2Gold Corp generally moves in the opposite direction as compared to the market. If B2Gold Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one B2Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of B2Gold Corp is generally in the same direction as the market. If Beta > 1 B2Gold Corp moves generally in the same direction as, but more than the movement of the benchmark.

B2Gold Corp Thematic Clasifications

B2Gold Corp is part of several thematic ideas from Precious Metals to Gold and Gold Mining. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in B2Gold Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various B2Gold Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of B2Gold Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(3.79)

At this time, B2Gold Corp's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

B2Gold Corp November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of B2Gold Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of B2Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of B2Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing B2Gold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build B2Gold Corp's daily price indicators and compare them against related drivers.

Complementary Tools for B2Gold Stock analysis

When running B2Gold Corp's price analysis, check to measure B2Gold Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy B2Gold Corp is operating at the current time. Most of B2Gold Corp's value examination focuses on studying past and present price action to predict the probability of B2Gold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B2Gold Corp's price. Additionally, you may evaluate how the addition of B2Gold Corp to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings