B2Gold Corp Working Capital to Net Assets Ratio

Latest as of March 2026: 5.7%

B2Gold Corp working capital to net assets ratio. B2Gold Corp (BTO) has a Working Capital to Net Assets ratio of 5.7% as of March 2026. Working capital of CA$210.67 Million (current assets of CA$1.31 Billion minus current liabilities of CA$1.10 Billion) is measured against net assets of CA$3.72 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check B2Gold Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

5.7%
Working Capital / Net Assets

Working Capital

CA$210.67 Million
CAD

Current Assets

CA$1.31 Billion
CAD

Current Liabilities

CA$1.10 Billion
CAD

Working Capital to Net Assets Ratio of B2Gold Corp (2007–2025)

Working capital to net assets ratio of B2Gold Corp from 2007 to 2025. This chart shows how B2Gold Corp's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 5.7%, reflecting working capital of CA$210.67 Million against net assets of CA$3.72 Billion CAD. See BTO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

B2Gold Corp Working Capital to Net Assets Ratio by Year (2007–2025)

B2Gold Corp working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for B2Gold Corp from 2007 to 2025, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see BTO asset base.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2025 1.9% CA$68.29 Million CA$3.63 Billion CA$1.13 Billion CA$1.06 Billion ▼ -8.7 pp
2024 10.6% CA$320.91 Million CA$3.03 Billion CA$901.25 Million CA$580.34 Million ▲ +0.4 pp
2023 10.2% CA$394.40 Million CA$3.88 Billion CA$705.62 Million CA$311.22 Million ▼ -15.6 pp
2022 25.8% CA$809.42 Million CA$3.14 Billion CA$1.05 Billion CA$235.91 Million ▼ -1.8 pp
2021 27.5% CA$807.26 Million CA$2.93 Billion CA$1.04 Billion CA$229.01 Million ▲ +9.6 pp
2020 17.9% CA$475.65 Million CA$2.66 Billion CA$761.16 Million CA$285.52 Million ▲ +5.0 pp
2019 12.9% CA$257.55 Million CA$2.00 Billion CA$418.31 Million CA$160.76 Million ▲ +3.5 pp
2018 9.4% CA$156.25 Million CA$1.66 Billion CA$364.12 Million CA$207.87 Million ▲ +15.7 pp
2017 -6.3% CA$-97.22 Million CA$1.54 Billion CA$389.96 Million CA$487.18 Million ▼ -13.2 pp
2016 6.9% CA$100.22 Million CA$1.44 Billion CA$274.84 Million CA$174.63 Million ▼ -1.0 pp
2015 8.0% CA$104.95 Million CA$1.32 Billion CA$204.14 Million CA$99.18 Million ▼ -3.5 pp
2014 11.5% CA$183.32 Million CA$1.60 Billion CA$272.09 Million CA$88.77 Million ▼ -5.0 pp
2013 16.5% CA$290.58 Million CA$1.76 Billion CA$394.74 Million CA$104.16 Million ▲ +0.2 pp
2012 16.3% CA$91.88 Million CA$564.92 Million CA$135.65 Million CA$43.77 Million ▼ -8.8 pp
2011 25.1% CA$119.37 Million CA$476.06 Million CA$149.74 Million CA$30.37 Million ▼ -4.1 pp
2010 29.1% CA$84.01 Million CA$288.21 Million CA$100.39 Million CA$16.38 Million ▲ +23.3 pp
2009 5.8% CA$11.55 Million CA$199.00 Million CA$23.28 Million CA$11.73 Million ▼ -25.1 pp
2008 30.9% CA$47.60 Million CA$154.17 Million CA$54.04 Million CA$6.43 Million ▼ -49.9 pp
2007 80.8% CA$94.21 Million CA$116.56 Million CA$105.52 Million CA$11.32 Million —
pp = percentage points