B2Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	380.42	336.97	306.9	651.95	673
Cash & Short-Term Investments	380.42	336.97	306.9	651.95	673
Cash Growth	12.90%	9.80%	-52.93%	-3.13%	40.30%
Accounts Receivable	58.29	41.06	27.49	28.81	32.11
Other Receivables	-	-	-	3.85	41.56
Total Trade Receivables	58.29	41.06	27.49	32.66	73.67
Inventory	627.23	477.59	346.5	332.03	272.35
Other Current Assets	63.73	46.17	29.85	18.53	27.09
Total Current Assets	1,130	901.79	710.73	1,035	1,046
Net Property, Plant & Equipment	3,760	3,291	3,563	2,275	2,232
Long-Term Investments	384.25	168.13	220.1	151.91	136.35
Other Long-Term Assets	605.06	452.64	380.3	219.42	146.99
Total Assets	5,879	4,814	4,875	3,681	3,561
Accounts Payable	174.8	156.35	167.12	114.79	111.72
Current Portion of Long-Term Debt	33.87	16.42	16.26	15.52	25.41
Unearned Revenue	285.46	272.78	-	-	-
Other Current Liabilities	567.13	135.14	130.1	103.31	94.07
Total Current Liabilities	1,061	580.69	313.47	233.62	231.19
Long-Term Debt	564.44	421.46	175.87	41.71	49.73
Other Long-Term Liabilities	612.1	776.15	475.3	294.12	319.37
Total Long-Term Liabilities	1,177	1,198	651.17	335.83	369.1
Total Liabilities	2,238	1,778	964.64	569.44	600.29
Common Stock	3,607	3,510	3,455	2,488	2,422
Additional Paid-in Capital	151.22	91.18	84.97	78.23	67.03
Accumulated Other Comprehensive Income	55.96	-102.77	-125.26	-145.87	-136.3
Retained Earnings	-220.61	-515.62	395.85	588.14	507.38
Total Common Shareholders' Equity	3,594	2,983	3,810	3,008	2,860
Minority Interest	47.95	52.63	99.6	103.66	100.71
Shareholders' Equity	3,642	3,036	3,910	3,112	2,961
Total Liabilities & Equity	5,879	4,814	4,875	3,681	3,561
Total Debt	598.31	437.88	192.13	57.23	75.13
Net Cash (Debt)	-217.89	-100.91	114.77	594.72	597.87
Net Cash Growth	-	-	-80.70%	-0.53%	61.73%
Net Cash Per Share	-0.15	-0.08	0.09	0.56	0.56
Book Value	3,594	2,983	3,810	3,008	2,860
Book Value Per Share	2.43	2.28	3.08	2.81	2.69
Tangible Book Value	3,594	2,983	3,810	3,008	2,860
Tangible Book Value Per Share	2.43	2.28	3.08	2.81	2.69

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q