B2Gold (BTG) Debt Ratio (2013 - 2026)

B2Gold (BTG) recorded quarterly Debt Ratio of 0.09 in Q1 2026, down 14.35% quarter-over-quarter from 0.1 in Q4 2025, and up 4.53% on a YoY basis from 0.08 in Q1 2025.

B2Gold (BTG) Debt Ratio (2013 - 2026) Analysis & Trends

B2Gold's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.09 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 4.53% year-over-year to 0.09; the TTM figure through Mar 2026 stood at 0.09 (up 4.53% YoY), while the FY2025 annual figure was 0.1, up 11.88% from the prior year.
  • Debt Ratio was 0.09 for Q1 2026 at B2Gold, down from 0.1 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 2.02 in Q3 2022 to a low of 0.01 in Q2 2024.
  • Historically, Debt Ratio has averaged 0.31 across 5 years, with a median of 0.06 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio slumped 96.83% in 2023, then surged 1457.72% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.02 in 2022, then jumped by 153.53% to 0.04 in 2023, then jumped by 130.79% to 0.09 in 2024, then rose by 11.88% to 0.1 in 2025, then fell by 14.35% to 0.09 in 2026.
  • The last three Debt Ratio figures came in at 0.09 (Q1 2026), 0.1 (Q4 2025), and 1.59 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 0.09
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn -
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 0.06
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 0.06
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 0.09
8 Equinox Gold 51.34 Bn 50.84 Bn - 0.03
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 0.13
10 B2Gold 14.48 Bn 13.77 Bn 609.77 Mn 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 0.10
Sep 30, 2025 1.59
Jun 30, 2025 0.08
Mar 31, 2025 0.08
Dec 31, 2024 0.09
Sep 30, 2024 1.00
Jun 30, 2024 0.01
Mar 31, 2024 0.01
Dec 31, 2023 0.04
Sep 30, 2023 0.06
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.02
Sep 30, 2022 2.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.02
Sep 30, 2021 0.20
Dec 31, 2020 0.03