How much debt does B2Gold have?
According to B2Gold's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
B2Gold's total debt stands at $437.88M. This is broken down into:
- Long-term debt: $421.46M
- Short-term debt: $16.42M
The company's net debt, which accounts for cash and cash equivalents, is $100.91M. In terms of overall financial obligations, B2Gold's total liabilities amount to $1.78B.
Debt Ratios and Metrics
To better understand B2Gold's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.05 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 3.71% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 23.51 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 3.84% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 4.53% - this indicates the total debt in the company's capital structure.
These metrics provide insight into B2Gold's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$437.88M
Long-term Debt
$421.46M
Short-term Debt
$16.42M
Net Debt
$100.91M
Total Liabilities
$1.78B
Interest Coverage
23.51
Debt to Equity Ratio
0.05
Debt Ratio
3.71%
B2Gold Historical Debt Metrics
B2Gold Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $437.88M | $421.46M | $16.42M | $100.91M | $1.78B | 0.05 | 3.71% | 23.51 | 3.84% | 4.53% |
| 2023 | $180.81M | $175.87M | $4.94M | $-126.09M | $964.64M | 0.02 | 1.55% | 15.03 | 1.37% | 1.87% |
| 2022 | $57.23M | $70.06M | $15.52M | $-594.72M | $569.44M | 0.03 | 2.11% | 60.57 | 1.71% | 2.56% |
| 2021 | $75.13M | $49.73M | $25.41M | $-597.87M | $600.29M | 0.04 | 3.27% | 38.40 | 2.87% | 4.10% |
| 2020 | $110.02M | $75.91M | $34.11M | $-369.66M | $701.79M | 0.13 | 9.76% | 4.56 | 10.59% | 11.63% |
| 2019 | $261.85M | $155.67M | $26.03M | $121.25M | $631.42M | 0.30 | 18.82% | 6.91 | 22.01% | 22.94% |
| 2018 | $479.54M | $456.71M | $25.01M | $376.78M | $894.95M | 0.45 | 26.15% | 6.71 | 20.47% | 31.15% |
| 2017 | $702.18M | $399.55M | $302.63M | $554.71M | $1.12B | 0.34 | 20.84% | 12.40 | 24.66% | 25.20% |
| 2016 | $486.78M | $472.85M | $13.94M | $342.11M | $881.57M | 0.36 | 22.88% | -6.02 | 25.72% | 26.22% |
| 2015 | $463.19M | $362.14M | $11.73M | $378.05M | $711.84M | 0.26 | 17.90% | -130.17 | 20.06% | 20.51% |
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