B2Gold Corp (BTO) — Net Asset Quality Index

Latest as of March 2026: 62.3%

B2Gold Corp (BTO) has a Net Asset Quality Index of 62.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$5.97 Billion minus total liabilities of CA$2.25 Billion yields net assets of CA$3.72 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of B2Gold Corp to measure how many days the company can operate on defensive assets alone.

Quality Index

62.3%
Equity / Total Assets

Net Assets

CA$3.72 Billion
CAD

Total Assets

CA$5.97 Billion
CAD

Total Liabilities

CA$2.25 Billion
CAD

B2Gold Corp Net Asset Quality Index Over Time (2007–2025)

This chart shows how B2Gold Corp's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the index stands at 62.3%, representing net assets of CA$3.72 Billion against total assets of CA$5.97 Billion CAD. Explore BTO cash flow conversion to assess how effectively this company generates cash.

Annual Net Asset Quality Index for B2Gold Corp (2007–2025)

The table below presents the year-by-year Net Asset Quality Index for B2Gold Corp from 2007 to 2025, covering 19 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of B2Gold Corp.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 61.9% CA$3.63 Billion CA$5.87 Billion CA$2.23 Billion ▼ -1.1 pp
2024 63.1% CA$3.03 Billion CA$4.81 Billion CA$1.78 Billion ▼ -17.2 pp
2023 80.2% CA$3.88 Billion CA$4.84 Billion CA$957.71 Million ▼ -4.3 pp
2022 84.5% CA$3.14 Billion CA$3.72 Billion CA$575.03 Million ▲ +1.4 pp
2021 83.1% CA$2.93 Billion CA$3.53 Billion CA$594.64 Million ▲ +4.0 pp
2020 79.1% CA$2.66 Billion CA$3.36 Billion CA$700.38 Million ▲ +2.7 pp
2019 76.5% CA$2.00 Billion CA$2.61 Billion CA$614.96 Million ▲ +11.6 pp
2018 64.9% CA$1.66 Billion CA$2.56 Billion CA$897.63 Million ▲ +6.5 pp
2017 58.3% CA$1.54 Billion CA$2.65 Billion CA$1.10 Billion ▼ -3.9 pp
2016 62.3% CA$1.44 Billion CA$2.32 Billion CA$874.48 Million ▼ -2.6 pp
2015 64.8% CA$1.32 Billion CA$2.03 Billion CA$713.73 Million ▼ -7.2 pp
2014 72.0% CA$1.60 Billion CA$2.22 Billion CA$621.63 Million ▼ -0.4 pp
2013 72.4% CA$1.76 Billion CA$2.43 Billion CA$672.86 Million ▼ -11.4 pp
2012 83.7% CA$564.92 Million CA$674.79 Million CA$109.87 Million ▼ -0.7 pp
2011 84.4% CA$476.06 Million CA$563.90 Million CA$87.84 Million ▼ -2.3 pp
2010 86.7% CA$288.21 Million CA$332.44 Million CA$44.23 Million ▲ +6.0 pp
2009 80.7% CA$199.00 Million CA$246.54 Million CA$47.53 Million ▼ -7.2 pp
2008 87.9% CA$154.17 Million CA$175.36 Million CA$21.19 Million ▼ -1.1 pp
2007 89.0% CA$116.56 Million CA$130.94 Million CA$14.38 Million
pp = percentage points