B2Gold (BTG) Total Debt (2012 - 2026)
B2Gold's Total Debt was $456.09 million in the quarter ended Jun 30, 2026, up 3.0% from $442.89 million a year earlier but down 12.3% from the prior quarter.
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Analysis
B2Gold (BTG) Total Debt (2012 - 2026) Analysis & Trends
As of Dec 31, 2025, Total Debt at B2Gold came in at $598.31 million, up 36.6% from the prior year.
- Total Debt has now increased for three consecutive years, with a five-year compound annual growth rate of 40.3% (years ended Dec 2020 to Dec 2025).
- In earlier years, Total Debt was $437.88 million in the year ended Dec 31, 2024 (+127.9%), $192.13 million in the year ended Dec 31, 2023 (+235.7%), $57.23 million in the year ended Dec 31, 2022 (-23.8%) and $75.13 million in the year ended Dec 31, 2021 (-31.7%).
- Quarterly Total Debt has moved between $40.51 million (the quarter ended Jun 30, 2024) and $637.61 million (the quarter ended Sep 30, 2025) over five years.
- Compared with a year earlier, Total Debt has increased for eight straight quarters, with growth averaging 321.7% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was the quarter ended Jun 30, 2025 (growth of 993.3%); the worst was the quarter ended Dec 31, 2021 (a decline of 31.7%).
- Per Business Quant data, BTG's Total Debt in the three quarters before the quarter ended Jun 30, 2026 was $519.89 million (quarter ended Mar 31, 2026), $598.31 million (quarter ended Dec 31, 2025) and $637.61 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 21.82 Bn |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 7.99 Bn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | 22.18 Bn |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 5.08 Bn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 9.39 Bn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 196.83 Mn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 4.68 Bn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 7.10 Bn |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | 16.31 Bn |
| 10 | B2Gold | 6.95 Bn | 5.44 Bn | 308.29 Mn | 456.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 456.09 Mn |
| Mar 31, 2026 | 519.89 Mn |
| Dec 31, 2025 | 598.31 Mn |
| Sep 30, 2025 | 637.61 Mn |
| Jun 30, 2025 | 442.89 Mn |
| Mar 31, 2025 | 425.14 Mn |
| Dec 31, 2024 | 437.88 Mn |
| Sep 30, 2024 | 239.18 Mn |
| Jun 30, 2024 | 40.51 Mn |
| Mar 31, 2024 | 45.22 Mn |
| Dec 31, 2023 | 192.13 Mn |
| Sep 30, 2023 | 49.45 Mn |
| Jun 30, 2023 | 55.60 Mn |
| Mar 31, 2023 | 49.31 Mn |
| Dec 31, 2022 | 57.23 Mn |
| Sep 30, 2022 | 62.53 Mn |
| Jun 30, 2022 | 66.63 Mn |
| Mar 31, 2022 | 72.66 Mn |
| Dec 31, 2021 | 75.13 Mn |
| Sep 30, 2021 | 83.75 Mn |
API Access
B2Gold Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=BTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "BTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();