B2Gold Corp. (BTG)
NYSEAMERICAN: BTG · Real-Time Price · USD
5.11
+0.41 (8.72%)
At close: Nov 4, 2026, 4:00 PM EST
5.26
+0.15 (2.93%)
Pre-market: Nov 5, 2026, 5:17 AM EST
B2Gold Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 293.59 | 286.58 | 479.39 | 380.42 | 367.23 | 308.49 | 330.12 | 336.97 | 431.11 | 466.84 | 567.81 | 306.9 | 309.57 | 506.21 | 673.74 | 651.95 | 549.46 | 586.69 | 648.76 | 673 |
Short-Term Investments | - | 3.46 | 2.67 | 4.87 | 8.43 | 1.81 | 17.64 | 11.57 | - | - | - | - | - | - | - | - | - | - | - | - |
Cash & Short-Term Investments | 293.59 | 290.03 | 482.06 | 385.29 | 375.65 | 310.31 | 347.76 | 348.54 | 431.11 | 466.84 | 567.81 | 306.9 | 309.57 | 506.21 | 673.74 | 651.95 | 549.46 | 586.69 | 648.76 | 673 |
Cash Growth (YoY) | -21.85% | -6.53% | 38.62% | 10.55% | -12.86% | -33.53% | -38.76% | 13.57% | 39.26% | -7.78% | -15.72% | -52.93% | -43.66% | -13.72% | 3.85% | -3.13% | 0.54% | 53.53% | 26.57% | 40.30% |
Accounts Receivable | 89.37 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Receivables | 45.07 | 56.13 | 60.22 | 80.33 | 62.62 | 44.33 | 63.13 | 54.54 | 67.83 | 37.61 | 37.86 | 37.69 | 30.51 | 20.62 | 24.51 | 29.32 | 24.7 | 57.25 | 80.07 | 63.8 |
Receivables | 134.44 | 56.13 | 60.22 | 80.33 | 62.62 | 44.33 | 63.13 | 54.54 | 67.83 | 37.61 | 37.86 | 37.69 | 30.51 | 20.62 | 24.51 | 29.32 | 24.7 | 57.25 | 80.07 | 63.8 |
Inventory | 713.57 | 696.87 | 663.37 | 627.23 | 598.54 | 561.12 | 535.64 | 477.59 | 378.12 | 376.82 | 339.35 | 346.5 | 343.63 | 339.1 | 350.2 | 332.03 | 293.79 | 300.2 | 278.98 | 272.35 |
Prepaid Expenses | - | 24.43 | 25.4 | 26.73 | 22.33 | 24.63 | 11.12 | 9.16 | 32.54 | 20.11 | 8.83 | 8.64 | 7.74 | 9.47 | 8.49 | 4.06 | 7.56 | 12.37 | 5.05 | 4.15 |
Other Current Assets | - | 34.53 | 77.72 | 10.1 | 11.32 | 9.55 | 9.56 | 11.97 | 11.88 | 25.21 | 42.8 | 11.01 | 15.88 | 13.8 | 15.41 | 17.81 | 22.05 | 48.78 | 47.78 | 32.81 |
Total Current Assets | 1,142 | 1,102 | 1,309 | 1,130 | 1,070 | 949.94 | 967.21 | 901.79 | 921.49 | 926.59 | 996.65 | 710.73 | 707.33 | 889.18 | 1,072 | 1,035 | 897.56 | 1,005 | 1,061 | 1,046 |
Property, Plant & Equipment | 4,084 | 3,776 | 3,746 | 3,760 | 3,767 | 3,597 | 3,439 | 3,291 | 3,097 | 3,617 | 3,683 | 3,563 | 3,594 | 3,567 | 2,276 | 2,275 | 2,292 | 2,251 | 2,225 | 2,232 |
Long-Term Investments | 384.64 | 327.95 | 355.08 | 384.25 | 272.71 | 225.14 | 212.65 | 168.13 | 182.41 | 197.96 | 227.7 | 220.1 | 210.94 | 194.19 | 168.43 | 151.91 | 143.18 | 139.35 | 140.79 | 136.35 |
Long-Term Deferred Tax Assets | - | 24.18 | 46.72 | 76.44 | 16.17 | 31.39 | 5.75 | - | 22.99 | 16.65 | 8.27 | 16.93 | - | 3.96 | 0.81 | - | - | - | - | 1.46 |
Long-Term Deferred Charges | - | 5.17 | - | - | - | 7.27 | 7.79 | - | - | 5.49 | 6.43 | - | 8.31 | 5.59 | 6.15 | 6.71 | 7.28 | 7.85 | 8.42 | 8.96 |
Other Long-Term Assets | 609.95 | 514.19 | 508.25 | 528.62 | 566.14 | 495.94 | 466.76 | 452.64 | 557.68 | 412.21 | 366.97 | 357.61 | 325.57 | 267.88 | 238.79 | 207.61 | 177.53 | 161.05 | 150.13 | 136.58 |
Total Assets | 6,220 | 5,749 | 5,965 | 5,879 | 5,692 | 5,306 | 5,099 | 4,814 | 4,789 | 5,183 | 5,296 | 4,875 | 4,852 | 4,931 | 3,768 | 3,681 | 3,518 | 3,565 | 3,585 | 3,561 |
Liabilities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 177.96 | 189.45 | 184.38 | 174.8 | 156.98 | 157.82 | 171.45 | 156.35 | 174.56 | 178.53 | 175.89 | 167.12 | 176.93 | 153.32 | 108.93 | 114.79 | 108.87 | 87.59 | 100.78 | 111.72 |
Current Portion of Long-Term Debt | 30.57 | 13.05 | 10.11 | 13.8 | 9.53 | 13.91 | 11.91 | 16.42 | 10.99 | 10.36 | 11.68 | 16.26 | 11.17 | 12.28 | 9.22 | 15.52 | 14.74 | 14.35 | 17.49 | 25.41 |
Current Portion of Leases | - | 19.56 | 18.64 | 20.07 | 20.54 | 17.5 | 15.31 | - | 6.3 | 4.5 | 4.73 | - | 3.97 | 4.7 | 5.54 | - | 5.06 | 4.96 | 4.35 | - |
Current Income Taxes Payable | 306.63 | 316.13 | 429.19 | 267.07 | 242.69 | 139.04 | 127.27 | 103.56 | 156.98 | 113.69 | 132.42 | 120.68 | 111.17 | 128.88 | 136.74 | 95.62 | 41.82 | 84.15 | 80.78 | 92.28 |
Current Unearned Revenue | - | - | 144.28 | 285.46 | 423.4 | 558.17 | 413.85 | 272.78 | 134.78 | - | - | - | - | - | - | - | - | - | - | - |
Other Current Liabilities | 129.02 | 158.68 | 311.66 | 300.05 | 182.43 | 82.62 | 53.78 | 31.58 | 18.73 | 9.26 | 8.92 | 9.42 | 21.43 | 20.04 | 7.86 | 7.68 | 1.78 | 25.69 | 1.93 | 1.79 |
Total Current Liabilities | 644.17 | 696.87 | 1,098 | 1,061 | 1,036 | 969.05 | 793.56 | 580.69 | 502.34 | 316.33 | 333.64 | 313.47 | 324.67 | 319.2 | 268.29 | 233.62 | 172.26 | 216.74 | 205.34 | 231.19 |
Long-Term Debt | 515.64 | 393.64 | 460.24 | 532.3 | 575.34 | 375.65 | 369.07 | 421.46 | 196.28 | 4 | 6.3 | 147.03 | 11.92 | 15.14 | 11.45 | 41.71 | 14.32 | 17.47 | 20.95 | 20.87 |
Long-Term Leases | - | 29.83 | 30.9 | 32.14 | 32.21 | 35.83 | 28.85 | - | 25.61 | 21.65 | 22.51 | 28.84 | 22.39 | 23.49 | 23.1 | - | 28.41 | 29.85 | 29.86 | 28.86 |
Long-Term Unearned Revenue | - | - | - | - | - | - | 134.24 | 265.33 | 393.14 | 517.72 | 507.64 | - | - | - | - | - | - | - | - | - |
Pension & Post-Retirement Benefits | 25.42 | 25.11 | 24.71 | 25.1 | 23.93 | 22.15 | 19.6 | 18.41 | 20.13 | 21.14 | 19.92 | 19.17 | 18.73 | 15.24 | 9.25 | 8.12 | 7.32 | 7.35 | 7.23 | 7.12 |
Long-Term Deferred Tax Liabilities | 251.07 | 198.21 | 195.53 | 151.34 | 203.11 | 182.24 | 190.22 | 169.74 | 161.89 | 170 | 200 | 188.11 | 184.19 | 181.06 | 181.54 | 182.52 | 230.93 | 195.53 | 190.55 | 187.89 |
Other Long-Term Liabilities | 377.84 | 400.98 | 441.54 | 435.66 | 451.29 | 404.9 | 388.39 | 322.67 | 300.27 | 287.41 | 276.41 | 268.03 | 223.81 | 237.73 | 109.53 | 103.48 | 92.62 | 100.6 | 115.43 | 124.37 |
Total Liabilities | 1,814 | 1,745 | 2,251 | 2,238 | 2,321 | 1,990 | 1,924 | 1,778 | 1,600 | 1,338 | 1,366 | 964.64 | 785.71 | 791.85 | 603.15 | 569.44 | 545.86 | 567.54 | 569.37 | 600.29 |
Shareholders' Equity
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 3,571 | 3,578 | 3,603 | 3,607 | 3,560 | 3,527 | 3,517 | 3,510 | 3,492 | 3,485 | 3,463 | 3,455 | 3,448 | 3,432 | 2,498 | 2,488 | 2,484 | 2,447 | 2,430 | 2,422 |
Additional Paid-In Capital | 142.8 | 140.22 | 146.95 | 151.22 | 155.4 | 160.47 | 159.65 | 91.18 | 83.84 | 79.72 | 88.75 | 84.97 | 80.48 | 78.34 | 72.46 | 78.23 | 73.76 | 68.75 | 70.65 | 67.03 |
Retained Earnings | 629.23 | 265.25 | -83.94 | -220.61 | -364.46 | -356.94 | -484.64 | -515.62 | -442.71 | 309.33 | 384.54 | 395.85 | 560.23 | 654.27 | 624.75 | 588.14 | 476.72 | 542.44 | 546.52 | 507.38 |
Comprehensive Income & Other | 26.3 | -12.06 | 4.74 | 55.96 | -26.2 | -60.46 | -66.48 | -102.77 | -96.21 | -118.45 | -110.29 | -125.26 | -132.51 | -142.82 | -149.45 | -145.87 | -150.88 | -145.67 | -140.1 | -136.3 |
Total Common Equity | 4,369 | 3,972 | 3,671 | 3,594 | 3,325 | 3,270 | 3,125 | 2,983 | 3,037 | 3,756 | 3,826 | 3,810 | 3,957 | 4,022 | 3,046 | 3,008 | 2,884 | 2,913 | 2,907 | 2,860 |
Minority Interest | 36.47 | 32.72 | 42.55 | 47.95 | 45.71 | 46.6 | 49.6 | 52.63 | 151.89 | 88.95 | 103.47 | 99.6 | 109.34 | 117.03 | 118.26 | 103.66 | 87.67 | 84.92 | 108.83 | 100.71 |
Shareholders' Equity | 4,406 | 4,005 | 3,713 | 3,642 | 3,371 | 3,317 | 3,175 | 3,036 | 3,189 | 3,845 | 3,930 | 3,910 | 4,066 | 4,139 | 3,164 | 3,112 | 2,972 | 2,997 | 3,016 | 2,961 |
Total Liabilities & Equity | 6,220 | 5,749 | 5,965 | 5,879 | 5,692 | 5,306 | 5,099 | 4,814 | 4,789 | 5,183 | 5,296 | 4,875 | 4,852 | 4,931 | 3,768 | 3,681 | 3,518 | 3,565 | 3,585 | 3,561 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 546.2 | 456.09 | 519.89 | 598.31 | 637.61 | 442.89 | 425.14 | 437.88 | 239.18 | 40.51 | 45.22 | 192.13 | 49.45 | 55.6 | 49.31 | 57.23 | 62.53 | 66.63 | 72.66 | 75.13 |
Net Cash (Debt) | -252.61 | -166.05 | -37.83 | -213.02 | -261.96 | -132.58 | -77.38 | -89.35 | 191.94 | 426.33 | 522.6 | 114.77 | 260.12 | 450.61 | 624.43 | 594.72 | 486.93 | 520.07 | 576.1 | 597.87 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | -26.21% | -5.39% | -16.31% | -80.70% | -46.58% | -13.36% | 8.39% | -0.53% | 5.22% | 80.19% | 39.69% | 61.73% |
Net Cash Per Share | -0.17 | -0.11 | -0.03 | -0.14 | -0.18 | -0.09 | -0.05 | -0.07 | 0.15 | 0.33 | 0.40 | 0.09 | 0.20 | 0.36 | 0.58 | 0.55 | 0.46 | 0.49 | 0.54 | 0.56 |
Filing Date Shares Outstanding | 1,321 | 1,321 | 1,332 | 1,337 | 1,336 | 1,323 | 1,321 | 1,318 | 1,313 | 1,311 | 1,307 | 1,303 | 1,301 | 1,296 | 1,294 | 1,075 | 1,075 | 1,063 | 1,061 | 1,056 |
Total Common Shares Outstanding | 1,321 | 1,321 | 1,334 | 1,341 | 1,330 | 1,323 | 1,320 | 1,318 | 1,313 | 1,311 | 1,305 | 1,302 | 1,300 | 1,295 | 1,077 | 1,075 | 1,074 | 1,063 | 1,058 | 1,056 |
Working Capital | 497.43 | 405.12 | 210.52 | 68.42 | 34.9 | -19.11 | 173.65 | 321.1 | 419.15 | 610.26 | 663.01 | 397.26 | 382.66 | 569.98 | 804.06 | 801.56 | 725.31 | 788.55 | 855.31 | 814.93 |
Book Value Per Share | 3.31 | 3.01 | 2.75 | 2.68 | 2.50 | 2.47 | 2.37 | 2.26 | 2.31 | 2.87 | 2.93 | 2.93 | 3.04 | 3.10 | 2.83 | 2.80 | 2.69 | 2.74 | 2.75 | 2.71 |
Tangible Book Value | 4,369 | 3,972 | 3,671 | 3,594 | 3,325 | 3,270 | 3,125 | 2,983 | 3,037 | 3,756 | 3,826 | 3,810 | 3,957 | 4,022 | 3,046 | 3,008 | 2,884 | 2,913 | 2,907 | 2,860 |
Tangible Book Value Per Share | 3.31 | 3.01 | 2.75 | 2.68 | 2.50 | 2.47 | 2.37 | 2.26 | 2.31 | 2.87 | 2.93 | 2.93 | 3.04 | 3.10 | 2.83 | 2.80 | 2.69 | 2.74 | 2.75 | 2.71 |