B2Gold Corp (BTO) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.140x

Based on the latest financial reports, B2Gold Corp (BTO) has a cash flow conversion efficiency ratio of 0.140x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$522.04 Million ≈ $377.63 Million USD) by net assets (CA$3.72 Billion ≈ $2.69 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see BTO company net worth for the company's overall valuation and market capitalisation.

B2Gold Corp - Cash Flow Conversion Efficiency Trend (2007–2025)

This chart illustrates how B2Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

B2Gold Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of B2Gold Corp ranked by their cash flow conversion efficiency. Explore B2Gold Corp (BTO) cash earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Cinda Securities Co. Ltd. A SHG:601059	-0.054x
FORD OTOMOT.SAN.ADR/5 TN1 F:FO9A	0.110x
Ionis Pharmaceuticals Inc NASDAQ:IONS	1.288x
The Gap, Inc. NYSE:GAP	0.058x
Aurubis AG XETRA:NDA	0.001x
Lottomatica Group SpA NYSE:LOTMY	0.362x
Valley National Bancorp NASDAQ:VLY	0.025x
Beijer Ref AB (publ) ST:BEIJ-B	0.028x

Annual Cash Flow Conversion Efficiency for B2Gold Corp (2007–2025)

The table below shows the annual cash flow conversion efficiency of B2Gold Corp from 2007 to 2025. View BTO share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$3.63 Billion ≈ $2.63 Billion	CA$892.75 Million ≈ $645.80 Million	0.246x	-9.61%
2024-12-31	CA$3.03 Billion ≈ $2.19 Billion	CA$824.38 Million ≈ $596.34 Million	0.272x	+46.22%
2023-12-31	CA$3.88 Billion ≈ $2.81 Billion	CA$721.38 Million ≈ $521.84 Million	0.186x	+1.78%
2022-12-31	CA$3.14 Billion ≈ $2.27 Billion	CA$573.74 Million ≈ $415.04 Million	0.183x	-24.12%
2021-12-31	CA$2.93 Billion ≈ $2.12 Billion	CA$705.83 Million ≈ $510.58 Million	0.241x	-35.18%
2020-12-31	CA$2.66 Billion ≈ $1.92 Billion	CA$985.77 Million ≈ $713.09 Million	0.371x	+58.51%
2019-12-31	CA$2.00 Billion ≈ $1.45 Billion	CA$467.99 Million ≈ $338.54 Million	0.234x	-1.48%
2018-12-31	CA$1.66 Billion ≈ $1.20 Billion	CA$394.09 Million ≈ $285.08 Million	0.238x	+167.48%
2017-12-31	CA$1.54 Billion ≈ $1.12 Billion	CA$137.14 Million ≈ $99.20 Million	0.089x	-66.75%
2016-12-31	CA$1.44 Billion ≈ $1.04 Billion	CA$385.62 Million ≈ $278.95 Million	0.267x	+136.83%
2015-12-31	CA$1.32 Billion ≈ $951.99 Million	CA$148.51 Million ≈ $107.43 Million	0.113x	+80.87%
2014-12-31	CA$1.60 Billion ≈ $1.16 Billion	CA$99.72 Million ≈ $72.14 Million	0.062x	-25.79%
2013-12-31	CA$1.76 Billion ≈ $1.27 Billion	CA$148.12 Million ≈ $107.15 Million	0.084x	-54.78%
2012-12-31	CA$564.92 Million ≈ $408.65 Million	CA$105.04 Million ≈ $75.98 Million	0.186x	-10.86%
2011-12-31	CA$476.06 Million ≈ $344.38 Million	CA$99.31 Million ≈ $71.84 Million	0.209x	+70.08%
2010-12-31	CA$288.21 Million ≈ $208.49 Million	CA$35.35 Million ≈ $25.57 Million	0.123x	+276.58%
2009-12-31	CA$199.00 Million ≈ $143.96 Million	CA$-13.82 Million ≈ $-10.00 Million	-0.069x	+35.17%
2008-12-31	CA$154.17 Million ≈ $111.53 Million	CA$-16.52 Million ≈ $-11.95 Million	-0.107x	-461.54%
2007-12-31	CA$116.56 Million ≈ $84.32 Million	CA$-2.22 Million ≈ $-1.61 Million	-0.019x	--

About B2Gold Corp

TO:BTO Canada Gold

Market Cap

$7.37 Billion

CA$10.19 Billion CAD

Market Cap Rank

#2801 Global

#94 in Canada

Share Price

CA$7.65

Change (1 day)

+1.32%

52-Week Range

CA$5.13 - CA$8.47

All Time High

CA$8.47