B2Gold (TSX:BTO) Effective Interest Rate on Debt %: 12.23% (As of Mar. 2026)


TSX:BTO B2Gold Corp TSX:BTO
90 GF Score
Price C$5.43
GF Value C$7.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is B2Gold Effective Interest Rate on Debt %?

B2Gold TSX:BTO -0.73% 90 Effective Interest Rate on Debt % is 12.23% as of Mar. 2026. GuruFocus rates TSX:BTO with a GF Score™ of 90/100 and a GF Value™ of C$7.28 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. B2Gold's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was C$101 Mil. B2Gold's average total debt for the quarter that ended in Mar. 2026 was C$825 Mil. Therefore, B2Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 12.23%.


B2Gold  (TSX:BTO) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


B2Gold Effective Interest Rate on Debt % Related Terms


B2Gold Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for B2Gold's Effective Interest Rate on Debt % 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.

B2Gold Effective Interest Rate on Debt % Chart

B2Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.74 16.94 11.14 11.26 7.18

B2Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % 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 5.27 4.38 3.52 14.47 12.23

TSX:BTO vs NEM, AU: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, B2Gold's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where B2Gold's Effective Interest Rate on Debt % falls into.


TSX:BTO
90GF Score
B2Gold Corp TSX:BTO
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B2Gold Effective Interest Rate on Debt % Calculation

B2Gold's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -52.01/( (623.852+825.369)/ 2 )
=-1  *  -52.01/724.6105
=7.18 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=600.46 + 23.392
=623.852

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=778.645 + 46.724
=825.369

B2Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -100.968/( (825.369+0)/ 1 )
=-1  *  -100.968/825.369
=12.23 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=778.645 + 46.724
=825.369

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 12.23% mean?
B2Gold (TSX:BTO) has a Effective Interest Rate on Debt % of 12.23% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on B2Gold and its competitors.
Is B2Gold's Effective Interest Rate on Debt % too high?
B2Gold's current Effective Interest Rate on Debt % is 12.23%. Overall, B2Gold has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Effective Interest Rate on Debt % compare to NEM and AU?
B2Gold's Effective Interest Rate on Debt % of 12.23% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on B2Gold and its competitors. B2Gold's current Effective Interest Rate on Debt % is 12.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2Gold stock overvalued right now?
Based on GuruFocus' analysis, B2Gold (TSX:BTO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$7.28, compared to a current price of C$5.43 — trading 25.4% below its estimated fair value. The current Effective Interest Rate on Debt % is 12.23%. B2Gold's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For B2Gold (TSX:BTO), the current Effective Interest Rate on Debt % is 12.23% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is B2Gold (TSX:BTO) Overvalued in 2026?

Based on GuruFocus' analysis, B2Gold stock appears to be undervalued. The current stock price of C$5.43 is trading 25.4% below its estimated GF Value™ of C$7.28. GuruFocus considers B2Gold to be Modestly Undervalued.

Key valuation signals for TSX:BTO:

  • Effective Interest Rate on Debt %: 12.23%
  • GF Value™: C$7.28 vs. price of C$5.43 (25.4% below fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the TSX:BTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B2Gold Business Description

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 assets include the Gramalote 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. 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.
90GF Score

Get the complete analysis for TSX:BTO

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.43
Price
C$7.28
GF Value