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