B2Gold Balance Sheet Health
Financial Health criteria checks 4/6
B2Gold has a total shareholder equity of $3.2B and total debt of $207.3M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are $4.8B and $1.6B respectively.
Key information
6.5%
Debt to equity ratio
US$207.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$431.11m |
| Equity | US$3.19b |
| Total liabilities | US$1.60b |
| Total assets | US$4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5BG's short term assets ($921.5M) exceed its short term liabilities ($502.3M).
Long Term Liabilities: 5BG's short term assets ($921.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 5BG has more cash than its total debt.
Reducing Debt: 5BG's debt to equity ratio has reduced from 19.1% to 6.5% over the past 5 years.
Debt Coverage: 5BG's debt is well covered by operating cash flow (464.4%).
Interest Coverage: Insufficient data to determine if 5BG's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 08:51 |
| End of Day Share Price | 2024/12/27 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
B2Gold Corp. is covered by 28 analysts. 9 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 |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |
| Harmen Puri | BofA Global Research |