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 ration/a
CashUS$431.11m
EquityUS$3.19b
Total liabilitiesUS$1.60b
Total assetsUS$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.


Balance Sheet


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