B2Gold Corp (BTO) — Cash Flow Quality Index
Latest as of March 2026:
2.65x
B2Gold Corp (BTO) has a Cash Flow Quality Index of 2.65x as of March 2026. Operating cash flow of CA$522.04 Million exceeds net income of CA$196.66 Million, indicating high earnings quality where cash backs reported profits. Explore B2Gold Corp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
2.65x
Operating CF / Net Income
Operating Cash Flow
CA$522.04 Million
CAD
Net Income
CA$196.66 Million
CAD
Data as of
Mar 2026
Most recent filing
B2Gold Corp Cash Flow Quality Index (2010–2025)
Historical Cash Flow Quality Index for B2Gold Corp across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BTO operating cash flow.
Annual Cash Flow Quality Index for B2Gold Corp (2010–2025)
Year-by-year earnings quality comparison for B2Gold Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.18x | CA$892.75 Million | CA$408.94 Million | ▼ -96.9% |
| 2023 | 70.31x | CA$721.38 Million | CA$10.26 Million | ▲ +2906.4% |
| 2022 | 2.34x | CA$573.74 Million | CA$245.35 Million | ▲ +36.8% |
| 2021 | 1.71x | CA$705.83 Million | CA$413.01 Million | ▲ +14.4% |
| 2020 | 1.49x | CA$985.77 Million | CA$659.91 Million | ▼ -8.9% |
| 2019 | 1.64x | CA$467.99 Million | CA$285.42 Million | ▼ -53.0% |
| 2018 | 3.49x | CA$394.09 Million | CA$112.87 Million | ▲ +47.7% |
| 2017 | 2.36x | CA$137.14 Million | CA$58.02 Million | ▼ -76.5% |
| 2016 | 10.06x | CA$385.62 Million | CA$38.35 Million | ▲ +367.0% |
| 2013 | 2.15x | CA$148.12 Million | CA$68.80 Million | ▲ +6.5% |
| 2012 | 2.02x | CA$105.04 Million | CA$51.98 Million | ▲ +11.5% |
| 2011 | 1.81x | CA$99.31 Million | CA$54.79 Million | ▲ +5.8% |
| 2010 | 1.71x | CA$35.35 Million | CA$20.63 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.