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