B2Gold Corp (BTO) - Total Assets
Based on the latest financial reports, B2Gold Corp (BTO) holds total assets worth CA$5.97 Billion CAD (≈ $4.32 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check B2Gold Corp (BTO) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
B2Gold Corp - Total Assets Trend (2007–2025)
This chart illustrates how B2Gold Corp's total assets have evolved over time, based on quarterly financial data. Explore B2Gold Corp strategic investment ratio to see how much of total assets are deployed in long-term investments.
B2Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
B2Gold Corp's total assets of CA$5.97 Billion consist of 19.2% current assets and 80.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$380.42 Million | 6.5% |
| Accounts Receivable | CA$90.26 Million | 1.5% |
| Inventory | CA$626.08 Million | 10.7% |
| Property, Plant & Equipment | CA$3.76 Billion | 64.1% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2007–2025)
This chart illustrates how B2Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see B2Gold Corp stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: B2Gold Corp's current assets represent 19.2% of total assets in 2025, a decrease from 80.6% in 2007.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2025, down from 75.8% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 64.1% of total assets.
B2Gold Corp Competitors by Total Assets
Key competitors of B2Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.77 Billion |
|
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
|
China | CN¥24.87 Billion |
|
G Mining Ventures Corp.
TO:GMIN
|
Canada | CA$1.95 Billion |
|
Perseus Mining Ltd
AU:PRU
|
Australia | AU$2.72 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
Montage Gold Corp.
TO:MAU
|
Canada | CA$738.35 Million |
|
De Grey Mining Ltd
AU:DEG
|
Australia | AU$1.32 Billion |
|
Torex Gold Resources Inc
TO:TXG
|
Canada | CA$3.01 Billion |
B2Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.19 | 1.22 | 4.29 |
| Quick Ratio | 0.59 | 0.54 | 2.73 |
| Cash Ratio | 0.00 | 0.41 | 2.21 |
| Working Capital | CA$210.67 Million | CA$174.67 Million | CA$569.07 Million |
B2Gold Corp - Advanced Valuation Insights
This section examines the relationship between B2Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.80 |
| Latest Market Cap to Assets Ratio | 1.00 |
| Asset Growth Rate (YoY) | 22.0% |
| Total Assets | CA$5.87 Billion |
| Market Capitalization | $5.86 Billion USD |
Valuation Analysis
Near Book Valuation: The market values B2Gold Corp's assets close to their book value (1.00x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: B2Gold Corp's assets grew by 22.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for B2Gold Corp (2007–2025)
The table below shows the annual total assets of B2Gold Corp from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$5.87 Billion ≈ $4.25 Billion |
+21.98% |
| 2024-12-31 | CA$4.81 Billion ≈ $3.48 Billion |
-0.59% |
| 2023-12-31 | CA$4.84 Billion ≈ $3.50 Billion |
+30.19% |
| 2022-12-31 | CA$3.72 Billion ≈ $2.69 Billion |
+5.37% |
| 2021-12-31 | CA$3.53 Billion ≈ $2.55 Billion |
+5.13% |
| 2020-12-31 | CA$3.36 Billion ≈ $2.43 Billion |
+28.41% |
| 2019-12-31 | CA$2.61 Billion ≈ $1.89 Billion |
+2.26% |
| 2018-12-31 | CA$2.56 Billion ≈ $1.85 Billion |
-3.39% |
| 2017-12-31 | CA$2.65 Billion ≈ $1.91 Billion |
+14.15% |
| 2016-12-31 | CA$2.32 Billion ≈ $1.68 Billion |
+14.17% |
| 2015-12-31 | CA$2.03 Billion ≈ $1.47 Billion |
-8.57% |
| 2014-12-31 | CA$2.22 Billion ≈ $1.61 Billion |
-8.82% |
| 2013-12-31 | CA$2.43 Billion ≈ $1.76 Billion |
+260.79% |
| 2012-12-31 | CA$674.79 Million ≈ $488.13 Million |
+19.66% |
| 2011-12-31 | CA$563.90 Million ≈ $407.92 Million |
+69.63% |
| 2010-12-31 | CA$332.44 Million ≈ $240.48 Million |
+34.84% |
| 2009-12-31 | CA$246.54 Million ≈ $178.34 Million |
+40.59% |
| 2008-12-31 | CA$175.36 Million ≈ $126.85 Million |
+33.92% |
| 2007-12-31 | CA$130.94 Million ≈ $94.72 Million |
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About B2Gold Corp
B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali; the Masbate Mine in the Philippines; the Otjikoto Mine in Namibia; the Goose Mine in Canada. It also owns 100% interest in the Gramalote gold project in Colombia. In addition, the company has a portfolio of other evaluation and exploration assets in Mali, Canada and Finland. The company was i… Read more