B2Gold Corp (BTO) — Cash Flow Reinvestment Rate
B2Gold Corp (BTO) has a Cash Flow Reinvestment Rate of 0.32x as of March 2026, reinvesting CA$165.56 Million (capex CA$163.27 Million plus investments CA$2.29 Million) from operating cash flow of CA$522.04 Million. Check B2Gold Corp (BTO) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
B2Gold Corp Cash Flow Reinvestment Rate (2010–2025)
Historical reinvestment intensity for B2Gold Corp across 16 annual periods. Explore BTO long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for B2Gold Corp (2010–2025)
Year-by-year capital reinvestment analysis for B2Gold Corp. For live market cap and broader valuation context, see how much is B2Gold Corp worth.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.94x | CA$842.31 Million | CA$892.75 Million | CA$826.37 Million | ▼ -51.0% |
| 2024 | 1.93x | CA$1.59 Billion | CA$824.38 Million | CA$824.19 Million | ▼ -2.5% |
| 2023 | 1.98x | CA$1.43 Billion | CA$721.38 Million | CA$746.75 Million | ▲ +72.0% |
| 2022 | 1.15x | CA$658.94 Million | CA$573.74 Million | CA$270.15 Million | ▲ +198.1% |
| 2021 | 0.39x | CA$271.90 Million | CA$705.83 Million | CA$242.07 Million | ▼ -42.3% |
| 2020 | 0.67x | CA$657.78 Million | CA$985.77 Million | CA$319.83 Million | ▼ -40.3% |
| 2019 | 1.12x | CA$523.06 Million | CA$467.99 Million | CA$260.27 Million | ▼ -9.1% |
| 2018 | 1.23x | CA$484.64 Million | CA$394.09 Million | CA$211.18 Million | ▼ -76.8% |
| 2017 | 5.30x | CA$726.89 Million | CA$137.14 Million | CA$380.05 Million | ▲ +177.8% |
| 2016 | 1.91x | CA$735.79 Million | CA$385.62 Million | CA$343.94 Million | ▲ +15.9% |
| 2015 | 1.65x | CA$244.51 Million | CA$148.51 Million | CA$232.55 Million | ▼ -48.2% |
| 2014 | 3.18x | CA$316.88 Million | CA$99.72 Million | CA$311.39 Million | ▲ +37.8% |
| 2013 | 2.31x | CA$341.54 Million | CA$148.12 Million | CA$331.09 Million | ▲ +71.5% |
| 2012 | 1.34x | CA$141.23 Million | CA$105.04 Million | CA$141.23 Million | ▲ +45.9% |
| 2011 | 0.92x | CA$91.52 Million | CA$99.31 Million | CA$91.52 Million | ▼ -25.1% |
| 2010 | 1.23x | CA$43.48 Million | CA$35.35 Million | CA$43.48 Million | — |