B2Gold (BTG) Equity Ratio (2012 - 2026)

B2Gold (BTG) posted quarterly Equity Ratio of 0.62 for Q1 2026, little changed year-over-year from 0.62 in Q1 2025, and up 0.52% on a QoQ basis from 0.62 in Q4 2025.

B2Gold (BTG) Equity Ratio (2012 - 2026) Analysis & Trends

B2Gold (BTG) has reported Equity Ratio for 10 consecutive years, with 0.62 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Equity Ratio changed 0.01% year-over-year to 0.62; the TTM figure through Mar 2026 stood at 0.62 (changed 0.01% YoY), while the FY2025 annual figure was 0.62, changed 0.05% from the prior year.
  • Equity Ratio came in at 0.62 for Q1 2026 at B2Gold, up from 0.62 in the prior quarter.
  • The five-year high for Equity Ratio was 95.86 in Q3 2022, with the low at 0.62 in Q4 2025.
  • Average Equity Ratio over 5 years is 7.79, with a median of 0.82 recorded in 2022.
  • Across the five-year window, Equity Ratio jumped 1074.24% in 2022 and tumbled 94.51% in 2023, its largest moves.
  • Year by year, Equity Ratio stood at 0.82 in 2022, then declined by 4.34% to 0.78 in 2023, then dropped by 20.73% to 0.62 in 2024, then fell by 0.05% to 0.62 in 2025, then gained by 0.52% to 0.62 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.62, 0.62, and 8.43 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.70
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.61
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 0.94
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 0.92
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.71
10 B2Gold 5.12 Bn 5.16 Bn 609.77 Mn 0.62

Historic Data

Download Data
DateValue
Mar 31, 2026 0.62
Dec 31, 2025 0.62
Sep 30, 2025 8.43
Jun 30, 2025 0.63
Mar 31, 2025 0.62
Dec 31, 2024 0.62
Sep 30, 2024 13.29
Jun 30, 2024 0.74
Mar 31, 2024 0.74
Dec 31, 2023 0.78
Sep 30, 2023 5.26
Jun 30, 2023 0.84
Mar 31, 2023 0.84
Dec 31, 2022 0.82
Sep 30, 2022 95.86
Jun 30, 2022 0.84
Mar 31, 2022 0.84
Dec 31, 2021 0.80
Sep 30, 2021 8.16
Dec 31, 2020 0.76