B2Gold (BTG) Financials

$3.21 +0.16 (+5.25%)

As of 05/20/2025 04:10 PM Eastern

Annual Income Statements for B2Gold

This table shows B2Gold's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Net Income / (Loss) Attributable to Common Shareholders	-623	73	312	502	717	293	81	66	39
Consolidated Net Income / (Loss)	-627	42	287	461	672	316	45	62	39
Net Income / (Loss) Continuing Operations	-627	42	278	461	672	309	135	62	39
Total Pre-Tax Income	-309	320	531	726	1,034	482	267	69	69
Total Operating Income	-300	324	501	733	1,049	508	319	93	126
Total Gross Profit	706	780	604	769	958	450	381	150	210
Total Revenue	1,861	1,903	1,699	1,737	1,762	1,148	1,027	622	668
Operating Revenue	1,861	1,903	1,699	1,737	1,762	1,148	1,027	622	668
Total Cost of Revenue	828	752	744	615	529	705	422	488	473
Operating Cost of Revenue	828	752	744	615	529	454	423	488	301
Total Operating Expenses	1,333	827	454	389	184	228	286	41	247
Selling, General & Admin Expense	59	62	54	50	46	55	51	44	41
Depreciation Expense	367	402	384	379	301	251	248	-	172
Other Operating Expenses / (Income)	29	8.16	-	-24	-	16	-	-4.41	16
Impairment Charge	877	342	12	6.96	-163	-93	-14	1.61	7.92
Restructuring Charge	0.00	12	-	-	-	-	-	-	-
Total Other Income / (Expense), net	-9.02	-3.21	20	-6.37	-15	16	-15	-24	-48
Interest Expense	35	14	11	12	16	27	31	13	10
Interest & Investment Income	23	38	22	21	22	1.11	0.00	-	-
Other Income / (Expense), net	2.46	-28	8.92	-15	-21	42	15	-11	-38
Income Tax Expense	317	279	244	265	362	174	132	7.33	30
Net Income / (Loss) Attributable to Noncontrolling Interest	-3.24	-31	-34	-41	-44	-22	-	-4.71	0.53
Weighted Average Basic Shares Outstanding	1.32B	2.60B	1.06B	1.05B	1.04B	1.01B	994.62M	976.37M	941.74M
Diluted Earnings per Share	($0.48)	$0.01	$0.24	$0.40	$0.59	$0.29	$0.02	$0.06	$0.04
Weighted Average Diluted Shares Outstanding	1.32B	2.60B	1.07B	1.05B	1.04B	1.02B	994.62M	991.41M	955.15M
Weighted Average Basic & Diluted Shares Outstanding	1.32B	2.60B	2.15B	1.05B	2.10B	1.03B	994.62M	980.93M	-

No quarterly income statements for B2Gold are available.

This table details how cash moves in and out of B2Gold's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Net Change in Cash & Equivalents	-2,056	-1,133	-319	-26	-246	-210	-352	-312	-343
Net Cash From Operating Activities	-807	-199	141	147	576	235	100	32	-220
Net Cash From Continuing Operating Activities	-807	-199	141	147	576	235	100	32	-220
Net Income / (Loss) Continuing Operations	-627	42	287	461	672	309	135	62	39
Consolidated Net Income / (Loss)	-627	42	287	461	672	-	-	62	39
Non-Cash Adjustments To Reconcile Net Income	-108	-146	-123	-312	-90	-72	-37	-23	-264
Changes in Operating Assets and Liabilities, net	-72	-95	-22	-1.31	-6.18	-1.97	1.89	-6.38	5.92
Net Cash From Investing Activities	-732	-700	-240	37	-260	-215	-243	-344	-44
Net Cash From Continuing Investing Activities	-732	-700	-240	37	-260	-215	-243	-344	-44
Purchase of Property, Plant & Equipment	-832	-693	-236	0.00	-285	-215	-243	-227	-164
Acquisitions	0.00	-6.70	-3.34	0.00	-	-	-	-	-
Divestitures	7.50	0.00	-	32	25	0.00	0.00	6.59	0.00
Sale and/or Maturity of Investments	93	0.00	-	-	-	-	-	-	-
Net Cash From Financing Activities	-518	-234	-221	-211	-562	-231	-209	0.00	-80
Net Cash From Continuing Financing Activities	-518	-234	-221	-211	-562	-231	-209	0.00	-80
Repayment of Debt	-211	-13	-20	-	-478	-224	-459	0.00	-135
Repurchase of Common Equity	-9.09	0.00	-	-5.95	0.00	-	-	-	-
Payment of Dividends	-308	-221	-201	-205	-124	-10	0.00	-	-
Issuance of Debt	0.00	0.00	0.00	-	41	3.46	250	-	11
Issuance of Common Equity	10	0.00	-	-	-	-	-	-	44

No quarterly cash flow statements for B2Gold are available.

This table presents B2Gold's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	4,814	4,875	3,681	3,561	3,362	2,683	2,548	2,685	2,336
Total Current Assets	902	711	1,035	1,046	763	430	363	396	277
Cash & Equivalents	337	307	652	673	480	141	103	147	145
Accounts Receivable	87	57	47	47	33	49	26	-	-
Inventories, net	478	346	332	272	238	218	234	206	105
Plant, Property, & Equipment, net	0.00	0.00	0.00	2,232	2,387	2,047	2,035	2,124	1,950
Total Noncurrent Assets	621	600	326	338	225	229	146	67	27
Long-Term Investments	168	220	152	136	86	131	72	-	-
Noncurrent Note & Lease Receivables	244	200	121	63	35	25	22	-	-
Noncurrent Deferred & Refundable Income Taxes	0.00	17	0.00	1.46	25	1.34	11	27	0.00
Other Noncurrent Operating Assets	208	164	53	124	67	50	40	40	27
Total Liabilities & Shareholders' Equity	4,814	4,875	3,681	3,561	3,362	2,683	2,548	2,685	2,336
Total Liabilities	1,778	965	569	600	702	631	895	1,119	882
Total Current Liabilities	581	313	234	231	286	165	207	495	176
Accounts Payable	156	167	115	112	89	83	80	95	78
Current Deferred & Payable Income Tax Liabilities	104	121	96	92	155	53	67	26	17
Other Current Liabilities	32	9.42	7.68	1.79	8.21	2.27	5.02	8.56	9.75
Total Noncurrent Liabilities	1,487	667	351	395	450	492	713	624	706
Long-Term Debt	438	192	57	75	110	262	480	400	473
Noncurrent Deferred Revenue	538	0.00	-	-	-	-	-	30	63
Noncurrent Deferred & Payable Income Tax Liabilities	170	188	183	188	221	146	103	82	74
Noncurrent Employee Benefit Liabilities	18	19	8.12	7.12	5.87	4.74	12	15	7.86
Other Noncurrent Operating Liabilities	323	268	103	124	113	80	118	1.82	7.04
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,036	3,910	3,112	2,961	2,661	2,052	1,653	1,566	1,455
Total Preferred & Common Equity	2,983	3,810	3,008	2,860	2,572	1,990	1,611	3,118	1,445
Total Common Equity	2,983	3,810	3,008	2,860	2,572	1,990	1,611	1,552	1,445
Common Stock	3,601	3,540	2,566	2,489	2,456	2,397	2,305	2,257	2,208
Retained Earnings	-516	396	588	507	254	-261	-548	-611	-668
Accumulated Other Comprehensive Income / (Loss)	-103	-125	-146	-136	-139	-145	-146	-94	-95
Noncontrolling Interest	53	100	104	101	89	61	42	14	9.58

No quarterly balance sheets for B2Gold are available.

This table displays calculated financial ratios and metrics derived from B2Gold's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.17%	11.96%	-2.15%	-1.46%	53.49%	11.85%	65.00%	-6.84%	0.00%
EBITDA Growth	-90.02%	-21.91%	-18.45%	-17.54%	65.98%	37.55%	611.89%	-68.61%	0.00%
EBIT Growth	-200.63%	-42.02%	-28.88%	-30.21%	87.02%	64.51%	308.48%	-7.31%	0.00%
NOPAT Growth	-600.28%	-84.50%	-41.72%	-31.83%	109.66%	102.15%	93.75%	16.78%	0.00%
Net Income Growth	-1,606.81%	-85.50%	-37.78%	-31.47%	112.90%	599.99%	-26.71%	59.50%	0.00%
EPS Growth	-4,900.00%	-95.83%	-40.00%	-32.20%	103.45%	1,350.00%	-66.67%	50.00%	0.00%
Operating Cash Flow Growth	-305.41%	-240.71%	-4.01%	-74.41%	144.66%	135.83%	212.51%	114.54%	0.00%
Free Cash Flow Firm Growth	72.98%	-97.06%	450.00%	-12.65%	96.74%	21.98%	197.57%	0.00%	0.00%
Invested Capital Growth	-2,880.30%	-72.04%	-98.12%	0.94%	8.58%	3.42%	-2.55%	17.62%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	37.94%	41.00%	35.56%	44.26%	54.38%	39.23%	37.09%	24.16%	31.46%
EBITDA Margin	3.74%	36.70%	52.62%	63.13%	75.44%	69.77%	56.73%	13.15%	39.02%
Operating Margin	-16.13%	17.01%	29.50%	42.19%	59.53%	44.25%	31.07%	14.94%	18.91%
EBIT Margin	-16.00%	15.55%	30.03%	41.32%	58.33%	47.88%	32.55%	13.15%	13.21%
Profit (Net Income) Margin	-33.67%	2.19%	16.87%	26.54%	38.15%	27.51%	4.40%	9.90%	5.78%
Tax Burden Percent	202.65%	12.98%	54.04%	63.45%	65.00%	65.47%	16.89%	89.36%	56.33%
Interest Burden Percent	103.86%	108.27%	103.99%	101.22%	100.62%	87.75%	79.94%	84.22%	77.65%
Effective Tax Rate	0.00%	87.02%	45.96%	36.55%	35.00%	35.97%	49.55%	10.64%	43.67%
Return on Invested Capital (ROIC)	0.00%	158.03%	24.02%	21.09%	32.37%	16.37%	8.13%	4.48%	4.17%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	158.04%	23.19%	21.76%	36.19%	9.37%	-23.22%	-1.77%	-8.85%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-156.85%	-14.58%	-4.70%	-3.83%	0.68%	-5.33%	-0.40%	-1.52%
Return on Equity (ROE)	-18.04%	1.18%	9.44%	16.39%	28.54%	17.05%	2.80%	4.08%	2.65%
Cash Return on Invested Capital (CROIC)	0.00%	270.63%	216.65%	20.16%	24.14%	13.01%	10.71%	-11.71%	0.00%
Operating Return on Assets (OROA)	-6.15%	6.92%	14.09%	20.73%	34.01%	21.02%	12.77%	3.26%	3.78%
Return on Assets (ROA)	-12.94%	0.97%	7.92%	13.31%	22.25%	12.08%	1.72%	2.45%	1.65%
Return on Common Equity (ROCE)	-17.65%	1.15%	9.13%	15.84%	27.63%	16.58%	2.75%	4.04%	2.64%
Return on Equity Simple (ROE_SIMPLE)	-21.01%	1.09%	9.53%	16.11%	26.14%	15.87%	2.80%	1.97%	2.67%
Net Operating Profit after Tax (NOPAT)	-210	42	271	465	682	325	161	83	71
NOPAT Margin	-11.29%	2.21%	15.94%	26.77%	38.69%	28.33%	15.67%	13.35%	10.65%
Net Nonoperating Expense Percent (NNEP)	-11.48%	-0.01%	0.83%	-0.67%	-3.82%	7.00%	31.35%	6.25%	13.03%
Return On Investment Capital (ROIC_SIMPLE)	-6.05%	1.02%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	44.51%	39.52%	43.81%	35.40%	30.03%	61.42%	41.08%	78.50%	70.86%
SG&A Expenses to Revenue	3.20%	3.28%	3.21%	2.89%	2.59%	4.75%	5.00%	7.01%	6.13%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	71.62%	43.47%	26.69%	22.41%	10.45%	19.87%	27.85%	6.56%	37.05%
Earnings before Interest and Taxes (EBIT)	-298	296	510	717	1,028	550	334	82	88
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	70	698	894	1,096	1,330	801	582	82	261
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.06	0.83	1.16	1.28	1.91	1.68	1.48	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.06	0.83	1.16	1.28	1.91	1.68	1.48	0.00	0.00
Price to Revenue (P/Rev)	1.69	1.67	2.05	2.11	2.79	2.90	2.33	0.00	0.00
Price to Earnings (P/E)	0.00	43.48	11.20	7.30	6.86	11.36	29.32	0.00	0.00
Dividend Yield	6.61%	5.41%	4.84%	4.59%	2.31%	0.30%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	2.30%	8.93%	13.70%	14.59%	8.80%	3.41%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	253.27	68.53	1.37	2.07	1.68	1.40	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.69	1.55	1.68	1.74	2.58	2.95	2.67	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	45.07	4.21	3.18	2.76	3.42	4.23	4.70	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	9.94	5.58	4.22	4.42	6.16	8.19	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	70.04	10.51	6.51	6.67	10.41	17.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	20.13	20.54	7.90	14.39	27.41	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	25.23	40.90	1.17	6.81	8.94	13.10	12.91	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.14	0.05	0.02	0.03	0.04	0.13	0.29	0.45	0.33
Long-Term Debt to Equity	0.14	0.05	0.02	0.03	0.04	0.13	0.29	0.26	0.33
Financial Leverage	-1.04	-0.99	-0.63	-0.22	-0.11	0.07	0.23	0.23	0.17
Leverage Ratio	1.39	1.22	1.19	1.23	1.28	1.41	1.63	1.66	1.61
Compound Leverage Factor	1.45	1.32	1.24	1.25	1.29	1.24	1.30	1.40	1.25
Debt to Total Capital	12.61%	4.68%	1.81%	2.47%	3.97%	11.32%	22.49%	30.95%	25.07%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	13.34%	0.72%
Long-Term Debt to Total Capital	12.61%	4.68%	1.81%	2.47%	3.97%	11.32%	22.49%	17.61%	24.36%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.52%	2.43%	3.27%	3.32%	3.20%	2.65%	1.97%	0.63%	0.49%
Common Equity to Total Capital	85.88%	92.89%	94.92%	94.21%	92.83%	86.03%	75.55%	68.42%	74.43%
Debt to EBITDA	6.29	0.28	0.06	0.07	0.08	0.33	0.82	8.58	1.87
Net Debt to EBITDA	-0.96	-0.48	-0.84	-0.67	-0.34	-0.01	0.52	6.78	1.31
Long-Term Debt to EBITDA	6.29	0.28	0.06	0.07	0.08	0.33	0.82	4.88	1.81
Debt to NOPAT	-2.08	4.57	0.21	0.16	0.16	0.81	2.98	8.46	6.84
Net Debt to NOPAT	0.32	-7.97	-2.76	-1.58	-0.67	-0.03	1.89	6.68	4.81
Long-Term Debt to NOPAT	-2.08	4.57	0.21	0.16	0.16	0.81	2.98	4.81	6.65
Altman Z-Score	1.18	2.78	5.08	5.29	6.01	4.25	2.21	0.00	0.00
Noncontrolling Interest Sharing Ratio	2.19%	2.89%	3.37%	3.37%	3.18%	2.79%	1.75%	0.79%	0.66%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	1.55	2.27	4.43	4.52	2.67	2.60	1.75	0.80	1.57
Quick Ratio	0.73	1.16	2.99	3.11	1.79	1.15	0.62	0.30	0.82
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	124	72	2,443	444	509	259	212	-217	0.00
Operating Cash Flow to CapEx	-97.01%	-28.73%	59.88%	0.00%	202.10%	109.54%	41.10%	9.12%	-497.32%
Free Cash Flow to Firm to Interest Expense	3.57	5.17	225.37	37.66	32.18	9.74	6.92	-16.83	0.00
Operating Cash Flow to Interest Expense	-23.16	-14.29	13.05	12.49	36.43	8.86	3.26	2.47	-21.56
Operating Cash Flow Less CapEx to Interest Expense	-47.02	-64.05	-8.74	12.49	18.41	0.77	-4.67	-24.65	-25.90
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.44	0.47	0.50	0.58	0.44	0.39	0.25	0.29
Accounts Receivable Turnover	25.75	36.35	36.21	43.63	42.95	30.51	0.00	0.00	0.00
Inventory Turnover	2.01	2.22	2.46	2.41	2.32	3.12	1.91	3.14	4.52
Fixed Asset Turnover	0.00	0.00	0.00	0.75	0.80	0.56	0.49	0.31	0.34
Accounts Payable Turnover	5.12	5.33	6.57	6.12	6.14	8.62	4.81	5.64	6.06
Days Sales Outstanding (DSO)	14.18	10.04	10.08	8.37	8.50	11.96	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	181.54	164.69	148.15	151.51	157.26	116.95	190.61	116.26	80.75
Days Payable Outstanding (DPO)	71.26	68.42	55.52	59.60	59.47	42.36	75.91	64.69	60.19
Cash Conversion Cycle (CCC)	124.46	106.31	102.71	100.28	106.29	86.55	114.69	51.57	20.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	-323	12	42	2,214	2,193	2,020	1,953	2,004	1,704
Invested Capital Turnover	-11.96	71.58	1.51	0.79	0.84	0.58	0.52	0.34	0.39
Increase / (Decrease) in Invested Capital	-335	-30	-2,173	21	173	67	-51	300	0.00
Enterprise Value (EV)	3,140	2,942	2,847	3,027	4,547	3,386	2,736	0.00	0.00
Market Capitalization	3,155	3,177	3,490	3,661	4,914	3,334	2,389	0.00	0.00
Book Value per Share	$2.29	$3.55	$2.85	$2.72	$2.50	$2.00	$1.64	$1.59	$1.53
Tangible Book Value per Share	$2.29	$3.55	$2.85	$2.72	$2.50	$2.00	$1.64	$1.59	$1.53
Total Capital	3,474	4,102	3,169	3,036	2,771	2,314	2,132	2,269	1,941
Total Debt	438	192	57	75	110	262	480	702	487
Total Long-Term Debt	438	192	57	75	110	262	480	400	473
Net Debt	-67	-335	-747	-734	-455	-9.48	305	555	342
Capital Expenditures (CapEx)	832	693	236	0.00	285	215	243	350	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-16	90	150	142	-3.08	124	53	56	-30
Debt-free Net Working Capital (DFNWC)	321	397	802	815	477	264	156	204	115
Net Working Capital (NWC)	321	397	802	815	477	264	156	-99	101
Net Nonoperating Expense (NNE)	417	0.42	-16	4.04	9.52	9.42	116	21	33
Net Nonoperating Obligations (NNO)	-3,359	-3,898	-3,070	-747	-467	-32	301	438	250
Total Depreciation and Amortization (D&A)	367	402	384	379	301	251	248	0.00	172
Debt-free, Cash-free Net Working Capital to Revenue	-0.85%	4.75%	8.80%	8.17%	-0.17%	10.79%	5.17%	9.08%	-4.45%
Debt-free Net Working Capital to Revenue	17.25%	20.88%	47.17%	46.93%	27.04%	23.03%	15.18%	32.78%	17.21%
Net Working Capital to Revenue	17.25%	20.88%	47.17%	46.93%	27.04%	23.03%	15.18%	-15.86%	15.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.01	$0.00	$0.40	$0.60	$0.29	$0.00	$0.06	$0.00
Adjusted Weighted Average Basic Shares Outstanding	1.32B	1.23B	2.15B	2.11B	1.04B	1.01B	994.62M	976.37M	0.00
Adjusted Diluted Earnings per Share	($0.48)	$0.01	$0.24	$0.40	$0.59	$0.29	$0.00	$0.06	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	1.32B	1.24B	2.15B	2.11B	1.06B	1.02B	994.62M	991.41M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.32B	2.60B	2.15B	2.12B	2.10B	1.03B	994.62M	980.93M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	404	474	279	455	576	266	154	84	81
Normalized NOPAT Margin	21.69%	24.94%	16.42%	26.20%	32.68%	23.13%	15.01%	13.58%	12.15%
Pre Tax Income Margin	-16.61%	16.84%	31.22%	41.82%	58.70%	42.01%	26.02%	11.07%	10.26%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-8.54	21.25	47.06	60.82	65.06	20.71	10.90	6.34	8.67
NOPAT to Interest Expense	-6.03	3.02	24.99	39.40	43.15	12.25	5.25	6.43	6.98
EBIT Less CapEx to Interest Expense	-32.41	-28.51	25.27	60.82	47.03	12.61	2.98	-20.79	4.33
NOPAT Less CapEx to Interest Expense	-29.90	-46.74	3.20	39.40	25.12	4.16	-2.67	-20.69	2.65
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-49.07%	531.50%	70.09%	44.39%	18.51%	3.25%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-50.52%	531.50%	70.09%	45.68%	18.51%	3.25%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for B2Gold are available.

Frequently Asked Questions About B2Gold's Financials

When does B2Gold's financial year end?

According to the most recent income statement we have on file, B2Gold's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has B2Gold's net income changed over the last 8 years?

B2Gold's net income appears to be on a downward trend, with a most recent value of -$626.65 million in 2024, falling from $38.60 million in 2016. The previous period was $41.59 million in 2023.

What is B2Gold's operating income?

B2Gold's total operating income in 2024 was -$300.20 million, based on the following breakdown:

Total Gross Profit: $706.20 million
Total Operating Expenses: $1.33 billion

How has B2Gold revenue changed over the last 8 years?

Over the last 8 years, B2Gold's total revenue changed from $667.82 million in 2016 to $1.86 billion in 2024, a change of 178.7%.

How much debt does B2Gold have?

B2Gold's total liabilities were at $1.78 billion at the end of 2024, a 84.3% increase from 2023, and a 101.7% increase since 2016.

How much cash does B2Gold have?

In the past 8 years, B2Gold's cash and equivalents has ranged from $102.75 million in 2018 to $673.00 million in 2021, and is currently $336.97 million as of their latest financial filing in 2024.

How has B2Gold's book value per share changed over the last 8 years?

Over the last 8 years, B2Gold's book value per share changed from 1.53 in 2016 to 2.29 in 2024, a change of 49.3%.

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This page (NYSEAMERICAN:BTG) was last updated on 5/21/2025 by MarketBeat.com Staff

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B2Gold (BTG) Financials

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