B2Gold Corp (BTO) — Free Cash Flow Generation Index

Latest as of March 2026: 0.69x

B2Gold Corp (BTO) has a Free Cash Flow Generation Index of 0.69x as of March 2026. Free cash flow of CA$358.77 Million represents 1% of operating cash flow (CA$522.04 Million). See working capital position of B2Gold Corp to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.69x
Free Cash Flow / Operating CF

Free Cash Flow

CA$358.77 Million
CAD

Operating Cash Flow

CA$522.04 Million
CAD

Capital Expenditures

CA$163.27 Million
CAD

B2Gold Corp Free Cash Flow Generation Index (2010–2025)

Historical FCF Generation Index trend for B2Gold Corp across 16 annual periods. Explore B2Gold Corp (BTO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for B2Gold Corp (2010–2025)

Year-by-year Free Cash Flow Generation Index for B2Gold Corp. For the full company profile including market capitalisation, see BTO company net worth.

Year FCG Index Free Cash Flow (CAD) Operating CF Capital Expenditures YoY Change
2025 0.07x CA$66.38 Million CA$892.75 Million CA$826.37 Million ▲ +32920.4%
2024 0.00x CA$185.63K CA$824.38 Million CA$824.19 Million ▲ +100.6%
2023 -0.04x CA$-25.37 Million CA$721.38 Million CA$746.75 Million ▼ -106.6%
2022 0.53x CA$303.59 Million CA$573.74 Million CA$270.15 Million ▼ -19.5%
2021 0.66x CA$463.76 Million CA$705.83 Million CA$242.07 Million ▼ -2.7%
2020 0.68x CA$665.94 Million CA$985.77 Million CA$319.83 Million ▲ +52.2%
2019 0.44x CA$207.73 Million CA$467.99 Million CA$260.27 Million ▼ -4.4%
2018 0.46x CA$182.91 Million CA$394.09 Million CA$211.18 Million ▲ +126.2%
2017 -1.77x CA$-242.91 Million CA$137.14 Million CA$380.05 Million ▼ -1738.9%
2016 0.11x CA$41.68 Million CA$385.62 Million CA$343.94 Million ▲ +119.1%
2015 -0.57x CA$-84.04 Million CA$148.51 Million CA$232.55 Million ▲ +73.3%
2014 -2.12x CA$-211.67 Million CA$99.72 Million CA$311.39 Million ▼ -71.8%
2013 -1.24x CA$-182.97 Million CA$148.12 Million CA$331.09 Million ▼ -258.6%
2012 -0.34x CA$-36.19 Million CA$105.04 Million CA$141.23 Million ▼ -539.2%
2011 0.08x CA$7.79 Million CA$99.31 Million CA$91.52 Million ▲ +134.1%
2010 -0.23x CA$-8.14 Million CA$35.35 Million CA$43.48 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).