B2Gold Balance Sheet Health
Financial Health criteria checks 6/6
B2Gold has a total shareholder equity of $3.9B and total debt of $163.3M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are $4.9B and $964.6M respectively. B2Gold's EBIT is $662.5M making its interest coverage ratio -144.2. It has cash and short-term investments of $306.9M.
Key information
4.2%
Debt to equity ratio
US$163.29m
Debt
Interest coverage ratio | -144.2x |
Cash | US$306.90m |
Equity | US$3.91b |
Total liabilities | US$964.64m |
Total assets | US$4.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QYN's short term assets ($710.7M) exceed its short term liabilities ($313.5M).
Long Term Liabilities: 0QYN's short term assets ($710.7M) exceed its long term liabilities ($651.2M).
Debt to Equity History and Analysis
Debt Level: 0QYN has more cash than its total debt.
Reducing Debt: 0QYN's debt to equity ratio has reduced from 28.9% to 4.2% over the past 5 years.
Debt Coverage: 0QYN's debt is well covered by operating cash flow (437.5%).
Interest Coverage: 0QYN earns more interest than it pays, so coverage of interest payments is not a concern.