B2Gold (BTG) Debt to Equity (2013 - 2025)
B2Gold (BTG) recorded quarterly Debt to Equity of $0.17 in Q4 2025, up 13.42% quarter-over-quarter from $0.15 in Q4 2024, and up 13.42% on a YoY basis from $0.15 in Q4 2024.
B2Gold (BTG) Debt to Equity (2013 - 2025) Analysis & Trends
B2Gold's Debt to Equity history runs 11 years deep, the most recent figure standing at $0.17 for Q4 2025.
- In Q4 2025, Debt to Equity rose 13.42% year-over-year to $0.17; the TTM figure through Dec 2025 stood at $0.17 (up 13.42% YoY), while the FY2025 annual figure was $0.17, up 13.42% from the prior year.
- Debt to Equity was $0.17 for Q4 2025 at B2Gold, up from $0.15 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $416.94 in Q1 2023 to a low of $0.0 in Q2 2021.
- Historically, Debt to Equity has averaged $59.62 across 5 years, with a median of $0.05 in 2023.
- The sharpest annual moves came in 2021 and 2024: Debt to Equity tumbled 99.9% in 2021, then surged 191.13% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.03 in 2021, then declined by 27.58% to $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 grew by 13.42% to $0.17 in 2025.
- The last three Debt to Equity figures came in at $0.17 (Q4 2025), $0.15 (Q4 2024), and $0.05 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 0.13 |
| 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 | - | 0.32 |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 0.08 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 0.14 |
| 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 |
|---|---|
| Dec 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.05 |
| Mar 31, 2023 | 416.94 |
| Dec 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.03 |
| Jun 30, 2021 | 0.00 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | 1.00 |
| Jun 30, 2020 | 1.00 |
| Mar 31, 2020 | 1.00 |
| Dec 31, 2019 | 0.13 |
| Dec 31, 2018 | 1.00 |
| Dec 31, 2017 | 0.45 |
| Dec 31, 2016 | 0.34 |
| Sep 30, 2013 | 0.20 |