B2Gold BTG
NYSE BTG
$5.52 +0.14 (+2.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

B2Gold (BTG) Asset Utilization Ratio (2020 - 2026)

B2Gold (BTG) posted quarterly Asset Utilization Ratio of 0.62 for Q1 2026, up 56.46% year-over-year from 0.4 in Q1 2025, and down 36.13% quarter-over-quarter from 0.98 in Q4 2025.

B2Gold (BTG) Asset Utilization Ratio (2020 - 2026) Analysis & Trends

B2Gold's Asset Utilization Ratio history runs 7 years deep, the most recent figure standing at 0.62 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 56.46% year-over-year to 0.62; the TTM figure through Mar 2026 stood at 0.62 (up 56.46% YoY), while the FY2025 annual figure was 0.57, up 45.82% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.62, down from 0.98 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.47 in Q3 2022, with the low at 0.37 in Q2 2024.
  • The 5-year median for Asset Utilization Ratio is 0.68 (2023), against an average of 0.69.
  • The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio sank 65.11% in 2022, then soared 56.46% in 2026.
  • B2Gold's Asset Utilization Ratio stood at 0.62 in 2022, then gained by 9.65% to 0.68 in 2023, then gained by 14.74% to 0.79 in 2024, then rose by 24.05% to 0.98 in 2025, then sank by 36.13% to 0.62 in 2026.
  • Business Quant data shows BTG's Asset Utilization Ratio at 0.62 in Q1 2026, 0.98 in Q4 2025, and 0.88 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Newmont 140.45 Bn 131.44 Bn 4.03 Bn 0.45
2 Agnico Eagle Mines 108.80 Bn 105.34 Bn 2.43 Bn 0.40
3 Barrick Mining 79.45 Bn 73.52 Bn 2.90 Bn 0.29
4 Wheaton Precious Metals 71.58 Bn 71.48 Bn 687.86 Mn 0.38
5 AngloGold Ashanti 61.94 Bn 59.11 Bn 1.70 Bn 0.76
6 Gold Fields 42.71 Bn 40.93 Bn - -
7 Pan American Silver 22.35 Bn 20.78 Bn 457,000.00 0.00
8 Royal Gold 21.96 Bn 21.77 Bn 390.45 Mn 0.16
9 Coeur Mining 21.68 Bn 20.62 Bn 535.85 Mn 0.28
10 B2Gold 7.38 Bn 7.38 Bn 308.29 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.62
Dec 31, 2025 0.98
Sep 30, 2025 0.88
Jun 30, 2025 0.42
Mar 31, 2025 0.40
Dec 31, 2024 0.79
Sep 30, 2024 0.73
Jun 30, 2024 0.37
Mar 31, 2024 0.38
Dec 31, 2023 0.68
Sep 30, 2023 0.71
Jun 30, 2023 0.44
Mar 31, 2023 0.39
Dec 31, 2022 0.62
Sep 30, 2022 1.47
Jun 30, 2022 0.90
Mar 31, 2022 1.00
Dec 31, 2021 1.79
Dec 31, 2020 1.82