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B2Gold (TSX:BTO) Capex-to-Operating-Income : 2.54 (As of Sep. 2024)


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What is B2Gold Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

B2Gold's Capital Expenditure for the three months ended in Sep. 2024 was C$-294.41 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$116.13 Mil.

Hence, B2Gold's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 2.54.


B2Gold Capex-to-Operating-Income Historical Data

The historical data trend for B2Gold's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

B2Gold Capex-to-Operating-Income Chart

B2Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.40 0.44 0.76 1.23

B2Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.68 0.52 1.15 2.54

Competitive Comparison of B2Gold's Capex-to-Operating-Income

For the Gold subindustry, B2Gold's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


B2Gold's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where B2Gold's Capex-to-Operating-Income falls into.



B2Gold Capex-to-Operating-Income Calculation

B2Gold's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1115.189) / 909.269
=1.23

B2Gold's Capex-to-Operating-Income for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-294.409) / 116.131
=2.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


B2Gold  (TSX:BTO) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


B2Gold Capex-to-Operating-Income Related Terms

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B2Gold Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
Executives
Randall Chatwin Senior Officer
Andrew Bruce Brown Senior Officer
Daniel Bruce Moore Senior Officer
Victor John King Senior Officer
Ninette Krohnert Senior Officer
John Alex Rajala Senior Officer
Dennis Stansbury Senior Officer
Peter Dominic Montano Senior Officer
Robin Leslie Weisman Director
William Lytle Senior Officer
Michael Andrew Cinnamond Senior Officer
Eduard Bartz Senior Officer
Dana Rogers Senior Officer
Neil Reeder Senior Officer
Clive Thomas Johnson Director