B2Gold Corp. (TSX:BTO)

B2Gold Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	367.23	336.97	306.9	651.95	673	479.69
Short-Term Investments	8.43	11.57	-	-	-	-
Cash & Short-Term Investments	375.65	348.54	306.9	651.95	673	479.69
Cash Growth	-12.86%	13.57%	-52.93%	-3.13%	40.30%	241.18%
Other Receivables	62.62	54.54	37.69	29.32	63.8	19.74
Receivables	62.62	54.54	37.69	29.32	63.8	19.74
Inventory	598.54	477.59	346.5	332.03	272.35	238.06
Prepaid Expenses	22.33	9.16	8.64	4.06	4.15	4.9
Other Current Assets	11.32	11.97	11.01	17.81	32.81	20.32
Total Current Assets	1,070	901.79	710.73	1,035	1,046	762.7
Property, Plant & Equipment	3,767	3,291	3,563	2,275	2,232	2,387
Long-Term Investments	272.71	168.13	220.1	151.91	136.35	85.59
Long-Term Deferred Tax Assets	16.17	-	16.93	-	1.46	24.55
Long-Term Deferred Charges	-	-	-	6.71	8.96	5.45
Other Long-Term Assets	566.14	452.64	357.61	207.61	136.58	97.08
Total Assets	5,692	4,814	4,875	3,681	3,561	3,362
Accounts Payable	156.98	156.35	167.12	114.79	111.72	89.06
Current Portion of Long-Term Debt	9.53	10.02	16.26	15.52	25.41	34.11
Current Portion of Leases	20.54	6.4	-	-	-	-
Current Income Taxes Payable	242.69	103.56	120.68	95.62	92.28	154.71
Current Unearned Revenue	423.4	272.78	-	-	-	-
Other Current Liabilities	182.43	31.58	9.42	7.68	1.79	8.21
Total Current Liabilities	1,036	580.69	313.47	233.62	231.19	286.09
Long-Term Debt	575.34	398.57	147.03	41.71	20.87	44.4
Long-Term Leases	32.21	22.89	28.84	-	28.86	31.51
Long-Term Unearned Revenue	-	265.33	-	-	-	-
Pension & Post-Retirement Benefits	23.93	18.41	19.17	8.12	7.12	5.87
Long-Term Deferred Tax Liabilities	203.11	169.74	188.11	182.52	187.89	220.9
Other Long-Term Liabilities	451.29	322.67	268.03	103.48	124.37	113.01
Total Liabilities	2,321	1,778	964.64	569.44	600.29	701.79
Common Stock	3,560	3,510	3,455	2,488	2,422	2,408
Additional Paid-In Capital	155.4	91.18	84.97	78.23	67.03	48.47
Retained Earnings	-364.46	-515.62	395.85	588.14	507.38	254.34
Comprehensive Income & Other	-26.2	-102.77	-125.26	-145.87	-136.3	-138.53
Total Common Equity	3,325	2,983	3,810	3,008	2,860	2,572
Minority Interest	45.71	52.63	99.6	103.66	100.71	88.57
Shareholders' Equity	3,371	3,036	3,910	3,112	2,961	2,661
Total Liabilities & Equity	5,692	4,814	4,875	3,681	3,561	3,362
Total Debt	637.61	437.88	192.13	57.23	75.13	110.02
Net Cash (Debt)	-261.96	-89.35	114.77	594.72	597.87	369.66
Net Cash Growth	-	-	-80.70%	-0.53%	61.73%	-
Net Cash Per Share	-0.18	-0.07	0.09	0.56	0.56	0.35
Filing Date Shares Outstanding	1,336	1,318	1,303	1,075	1,056	1,052
Total Common Shares Outstanding	1,330	1,318	1,302	1,075	1,056	1,051
Working Capital	34.9	321.1	397.26	801.56	814.93	476.61
Book Value Per Share	2.50	2.26	2.93	2.80	2.71	2.45
Tangible Book Value	3,325	2,983	3,810	3,008	2,860	2,572
Tangible Book Value Per Share	2.50	2.26	2.93	2.80	2.71	2.45

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.