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| Date | Value |
|---|---|
| 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 |