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: BTG's short term assets ($921.5M) exceed its short term liabilities ($502.3M).
Long Term Liabilities: BTG's short term assets ($921.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: BTG has more cash than its total debt.
Reducing Debt: BTG's debt to equity ratio has reduced from 19.1% to 6.5% over the past 5 years.
Debt Coverage: BTG's debt is well covered by operating cash flow (464.4%).
Interest Coverage: Insufficient data to determine if BTG's interest payments on its debt are well covered by EBIT.