B2Gold (BTG) Asset Writedowns and Impairment (2013 - 2024)

B2Gold (BTG) recorded quarterly Asset Writedowns and Impairment of -$661.2 million in Q3 2024, down 207.21% quarter-over-quarter from -$215.2 million in Q2 2024, and down 492.45% on a YoY basis from $168.5 million in Q4 2023.

B2Gold (BTG) Asset Writedowns and Impairment (2013 - 2024) Analysis & Trends

B2Gold's Asset Writedowns and Impairment history runs 10 years deep, the most recent figure standing at -$661.2 million for Q3 2024.

  • In Q3 2024, Asset Writedowns and Impairment fell 492.45% year-over-year to -$661.2 million; the TTM figure through Dec 2024 stood at -$1.1 billion (down 234.0% YoY), while the FY2024 annual figure was -$876.4 million, down 172.04% from the prior year.
  • Asset Writedowns and Impairment was -$661.2 million for Q3 2024 at B2Gold, down from -$215.2 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $174.3 million in Q3 2020 to a low of -$661.2 million in Q3 2024.
  • Historically, Asset Writedowns and Impairment has averaged -$128.1 million across 4 years, with a median of -$58.2 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment sank 6038.45% in 2023, then tumbled 492.45% in 2024.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $174.3 million in 2020, then tumbled by 101.04% to -$1.8 million in 2022, then slumped by 11212.76% to -$205.7 million in 2023, then slumped by 221.47% to -$661.2 million in 2024.
  • The last three Asset Writedowns and Impairment figures came in at -$661.2 million (Q3 2024), -$215.2 million (Q2 2024), and -$205.7 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn
5 Gold Fields 128.61 Bn 126.83 Bn -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn
8 Equinox Gold 47.64 Bn 47.14 Bn -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn
10 B2Gold 13.96 Bn 13.25 Bn 609.77 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 -661.16 Mn
Sep 30, 2024 -661.16 Mn
Jun 30, 2024 -215.22 Mn
Jun 30, 2024 -215.22 Mn
Dec 31, 2023 -205.67 Mn
Dec 31, 2023 -205.67 Mn
Sep 30, 2023 -111.60 Mn
Sep 30, 2023 -111.60 Mn
Jun 30, 2023 -4.89 Mn
Jun 30, 2023 -4.89 Mn
Sep 30, 2022 -1.82 Mn
Sep 30, 2022 -1.82 Mn
Jun 30, 2022 909,000.00
Jun 30, 2022 909,000.00
Sep 30, 2020 174.31 Mn
Sep 30, 2020 174.31 Mn
Dec 31, 2018 -34.21 Mn
Dec 31, 2018 -34.21 Mn
Sep 30, 2018 -2.96 Mn
Sep 30, 2018 -2.96 Mn