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