B2Gold Corp (BTO) — Cash Flow-to-Debt Ratio

Latest as of March 2026: 0.23x

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. Explore investment intensity of B2Gold Corp to see how much of total assets are deployed in long-term investments.

CF-to-Debt Ratio

0.23x
Operating CF / Total Liabilities

Operating Cash Flow

CA$522.04 Million
CAD

Total Liabilities

CA$2.25 Billion
CAD

Data as of

Mar 2026
Most recent filing

B2Gold Corp Cash Flow-to-Debt Ratio (2007–2025)

Historical debt coverage capacity for B2Gold Corp across 19 annual periods. Also explore BTO total assets for the complete picture of this company's asset base.

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 B2Gold Corp market cap and net 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
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.