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. See BTO cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see how efficiently does B2Gold Corp generate cash.
Annual Cash Flow Reinvestment Rate for B2Gold Corp (2010–2025)
Year-by-year capital reinvestment analysis for B2Gold Corp. See B2Gold Corp leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| 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 | — |