B2Gold Corp (BTO) — Cash Flow-to-Debt Ratio
B2Gold Corp (BTO) has a Cash Flow-to-Debt Ratio of 0.23x as of March 2026, meaning its operating cash flow of CA$522.04 Million could theoretically repay 0% of its total liabilities (CA$2.25 Billion) in one year. See B2Gold Corp free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
B2Gold Corp Cash Flow-to-Debt Ratio (2007–2025)
Historical debt coverage capacity for B2Gold Corp across 19 annual periods. Also explore B2Gold Corp equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for B2Gold Corp (2007–2025)
Year-by-year debt coverage analysis for B2Gold Corp. For market capitalisation and broader financial context, see how much is B2Gold Corp worth.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.40x | CA$892.75 Million | CA$2.23 Billion | ▼ -13.8% |
| 2024 | 0.46x | CA$824.38 Million | CA$1.78 Billion | ▼ -38.4% |
| 2023 | 0.75x | CA$721.38 Million | CA$957.71 Million | ▼ -24.5% |
| 2022 | 1.00x | CA$573.74 Million | CA$575.03 Million | ▼ -15.9% |
| 2021 | 1.19x | CA$705.83 Million | CA$594.64 Million | ▼ -15.7% |
| 2020 | 1.41x | CA$985.77 Million | CA$700.38 Million | ▲ +84.9% |
| 2019 | 0.76x | CA$467.99 Million | CA$614.96 Million | ▲ +73.3% |
| 2018 | 0.44x | CA$394.09 Million | CA$897.63 Million | ▲ +252.8% |
| 2017 | 0.12x | CA$137.14 Million | CA$1.10 Billion | ▼ -71.8% |
| 2016 | 0.44x | CA$385.62 Million | CA$874.48 Million | ▲ +111.9% |
| 2015 | 0.21x | CA$148.51 Million | CA$713.73 Million | ▲ +29.7% |
| 2014 | 0.16x | CA$99.72 Million | CA$621.63 Million | ▼ -27.1% |
| 2013 | 0.22x | CA$148.12 Million | CA$672.86 Million | ▼ -77.0% |
| 2012 | 0.96x | CA$105.04 Million | CA$109.87 Million | ▼ -15.4% |
| 2011 | 1.13x | CA$99.31 Million | CA$87.84 Million | ▲ +41.5% |
| 2010 | 0.80x | CA$35.35 Million | CA$44.23 Million | ▲ +374.9% |
| 2009 | -0.29x | CA$-13.82 Million | CA$47.53 Million | ▲ +62.7% |
| 2008 | -0.78x | CA$-16.52 Million | CA$21.19 Million | ▼ -404.1% |
| 2007 | -0.15x | CA$-2.22 Million | CA$14.38 Million | — |