B2Gold Corp (BTO) — Defensive Interval Ratio

Latest as of March 2026: 28 days

B2Gold Corp (BTO) has a Defensive Interval Ratio of 28 days as of March 2026. Defensive assets of CA$84.05 Million (cash CA$-, short-term investments CA$2.67 Million, receivables CA$81.39 Million) cover 28 days of daily cash needs of CA$3.01 Million/day. Check BTO tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

28 days
Days of operational coverage

Defensive Assets

CA$84.05 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.01 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.10 Billion
CAD

B2Gold Corp Defensive Interval Ratio (2007–2025)

This chart shows how B2Gold Corp's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 28 days, meaning defensive assets of CA$84.05 Million can fund 28 days of operations without new revenue. Also explore BTO year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for B2Gold Corp (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for B2Gold Corp from 2007 to 2025, covering 19 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see BTO stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 164 days CA$475.54 Million CA$2.90 Million/day CA$380.42 Million CA$4.86 Million ▼ -97 days
2024 261 days CA$415.00 Million CA$1.59 Million/day CA$336.97 Million CA$11.56 Million ▼ -156 days
2023 417 days CA$355.24 Million CA$852.65K/day CA$306.89 Million CA$- ▼ -660 days
2022 1076 days CA$695.65 Million CA$646.32K/day CA$651.95 Million CA$- ▼ -63 days
2021 1139 days CA$714.95 Million CA$627.44K/day CA$673.00 Million CA$- ▲ +490 days
2020 649 days CA$507.83 Million CA$782.24K/day CA$479.69 Million CA$- ▲ +227 days
2019 423 days CA$186.12 Million CA$440.44K/day CA$140.60 Million CA$- ▲ +199 days
2018 223 days CA$127.18 Million CA$569.51K/day CA$102.75 Million CA$- ▲ +82 days
2017 141 days CA$188.78 Million CA$1.33 Million/day CA$147.47 Million CA$- ▼ -218 days
2016 360 days CA$172.16 Million CA$478.43K/day CA$144.67 Million CA$- ▲ +241 days
2015 119 days CA$32.21 Million CA$271.73K/day CA$- CA$- ▼ -16 days
2014 134 days CA$32.60 Million CA$243.21K/day CA$- CA$- ▼ -36 days
2013 170 days CA$48.59 Million CA$285.38K/day CA$- CA$- ▼ -50 days
2012 220 days CA$26.37 Million CA$119.92K/day CA$- CA$- ▼ -27 days
2011 247 days CA$20.55 Million CA$83.20K/day CA$- CA$- ▼ -10 days
2010 257 days CA$11.54 Million CA$44.89K/day CA$- CA$479.80K ▼ -58 days
2009 315 days CA$10.13 Million CA$32.14K/day CA$- CA$367.78K ▼ -1880 days
2008 2195 days CA$38.70 Million CA$17.63K/day CA$- CA$38.07 Million ▲ +1995 days
2007 200 days CA$6.21 Million CA$31.00K/day CA$- CA$3.05 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)