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