B2Gold (BTG) Debt to Equity (2013 - 2026)

B2Gold (BTG) posted quarterly Debt to Equity of $0.14 for Q1 2026, up 4.55% year-over-year from $0.13 in Q1 2025, and down 14.79% on a QoQ basis from $0.16 in Q4 2025.

B2Gold (BTG) Debt to Equity (2013 - 2026) Analysis & Trends

B2Gold (BTG) has reported Debt to Equity for 14 consecutive years, with $0.14 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt to Equity rose 4.55% year-over-year to $0.14; the TTM figure through Mar 2026 stood at $0.14 (up 4.55% YoY), while the FY2025 annual figure was $0.16, up 11.93% from the prior year.
  • Debt to Equity came in at $0.14 for Q1 2026 at B2Gold, down from $0.16 in the prior quarter.
  • The five-year high for Debt to Equity was $0.19 in Q3 2025, with the low at $0.01 in Q2 2024.
  • Average Debt to Equity over 5 years is $0.07, with a median of $0.02 recorded in 2022.
  • Across the five-year window, Debt to Equity sank 42.19% in 2023 and surged 1167.41% in 2025, its largest moves.
  • Year by year, Debt to Equity stood at $0.02 in 2022, then jumped by 165.03% to $0.05 in 2023, then surged by 191.13% to $0.15 in 2024, then climbed by 11.93% to $0.16 in 2025, then dropped by 14.79% to $0.14 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.14, $0.16, and $0.19 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.13
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.14
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 0.00
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -
8 Gold Fields 30.19 Bn 28.41 Bn - 0.32
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.08
10 B2Gold 5.12 Bn 5.16 Bn 609.77 Mn 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.16
Sep 30, 2025 0.19
Jun 30, 2025 0.13
Mar 31, 2025 0.13
Dec 31, 2024 0.15
Sep 30, 2024 0.07
Jun 30, 2024 0.01
Mar 31, 2024 0.01
Dec 31, 2023 0.05
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.02
Dec 31, 2022 0.02
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.03
Sep 30, 2021 0.02
Jun 30, 2021 0.03