B2Gold Other Current Assets vs Cash Analysis

BTG Stock  USD 2.95  0.10  3.28%   
B2Gold Corp financial indicator trend analysis is way more than just evaluating B2Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B2Gold Corp is a good investment. Please check the relationship between B2Gold Corp Other Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B2Gold Corp Other Current Assets account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between B2Gold Corp's Other Current Assets and Cash is 0.22. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of B2Gold Corp, assuming nothing else is changed. The correlation between historical values of B2Gold Corp's Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of B2Gold Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., B2Gold Corp's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of B2Gold Corp, which is listed under current asset account on B2Gold Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from B2Gold Corp customers. The amounts must be unrestricted with restricted cash listed in a different B2Gold Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from B2Gold Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B2Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.At this time, B2Gold Corp's Discontinued Operations is most likely to increase significantly in the upcoming years. The B2Gold Corp's current Enterprise Value is estimated to increase to about 1.4 B, while Selling General Administrative is projected to decrease to roughly 56.7 M.
 2021 2022 2023 2024 (projected)
Interest Income12.6M12.0M19.9M15.5M
Tax Provision265.4M243.9M276.9M182.5M

B2Gold Corp fundamental ratios Correlations

0.030.160.620.990.90.910.98-0.270.420.980.560.990.840.91-0.210.560.670.610.770.790.360.540.940.17-0.36
0.030.160.39-0.130.02-0.210.180.86-0.770.06-0.480.13-0.21-0.220.83-0.480.030.320.310.310.380.7-0.060.31-0.43
0.160.160.310.130.250.140.13-0.050.00.160.270.110.180.280.050.260.10.080.270.320.160.180.35-0.36-0.17
0.620.390.310.530.70.470.630.080.010.630.380.60.340.56-0.030.380.540.380.710.740.330.570.660.27-0.33
0.99-0.130.130.530.880.950.94-0.410.550.970.630.960.880.94-0.340.630.680.570.70.720.310.410.940.14-0.3
0.90.020.250.70.880.830.89-0.290.330.890.60.870.70.86-0.250.60.590.510.790.840.330.50.920.15-0.33
0.91-0.210.140.470.950.830.85-0.510.630.910.640.870.840.92-0.330.640.680.680.610.670.450.250.90.14-0.13
0.980.180.130.630.940.890.85-0.090.250.970.411.00.810.85-0.050.420.60.630.80.820.380.650.90.17-0.38
-0.270.86-0.050.08-0.41-0.29-0.51-0.09-0.92-0.22-0.81-0.14-0.36-0.470.88-0.81-0.330.040.01-0.010.10.51-0.360.04-0.11
0.42-0.770.00.010.550.330.630.25-0.920.40.710.320.550.62-0.830.710.380.06-0.030.02-0.11-0.440.47-0.080.09
0.980.060.160.630.970.890.910.97-0.220.40.490.980.870.93-0.160.490.640.610.710.750.330.520.930.16-0.3
0.56-0.480.270.380.630.60.640.41-0.810.710.490.430.40.61-0.691.00.680.190.480.480.190.00.610.22-0.18
0.990.130.110.60.960.870.871.0-0.140.320.980.430.840.87-0.090.430.610.630.760.780.360.610.90.15-0.36
0.84-0.210.180.340.880.70.840.81-0.360.550.870.40.840.93-0.340.40.370.370.420.460.040.190.82-0.16-0.14
0.91-0.220.280.560.940.860.920.85-0.470.620.930.610.870.93-0.440.610.530.420.550.610.140.230.95-0.04-0.19
-0.210.830.05-0.03-0.34-0.25-0.33-0.050.88-0.83-0.16-0.69-0.09-0.34-0.44-0.69-0.20.370.060.080.440.52-0.320.090.01
0.56-0.480.260.380.630.60.640.42-0.810.710.491.00.430.40.61-0.690.680.190.480.480.190.00.610.22-0.18
0.670.030.10.540.680.590.680.6-0.330.380.640.680.610.370.53-0.20.680.60.730.740.590.410.650.62-0.33
0.610.320.080.380.570.510.680.630.040.060.610.190.630.370.420.370.190.60.60.660.920.510.520.32-0.05
0.770.310.270.710.70.790.610.80.01-0.030.710.480.760.420.550.060.480.730.60.980.570.810.720.31-0.47
0.790.310.320.740.720.840.670.82-0.010.020.750.480.780.460.610.080.480.740.660.980.620.790.770.28-0.43
0.360.380.160.330.310.330.450.380.1-0.110.330.190.360.040.140.440.190.590.920.570.620.490.30.4-0.05
0.540.70.180.570.410.50.250.650.51-0.440.520.00.610.190.230.520.00.410.510.810.790.490.40.22-0.48
0.94-0.060.350.660.940.920.90.9-0.360.470.930.610.90.820.95-0.320.610.650.520.720.770.30.40.07-0.3
0.170.31-0.360.270.140.150.140.170.04-0.080.160.220.15-0.16-0.040.090.220.620.320.310.280.40.220.07-0.35
-0.36-0.43-0.17-0.33-0.3-0.33-0.13-0.38-0.110.09-0.3-0.18-0.36-0.14-0.190.01-0.18-0.33-0.05-0.47-0.43-0.05-0.48-0.3-0.35
Click cells to compare fundamentals

B2Gold Corp Account Relationship Matchups

B2Gold Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.4B3.6B3.7B4.8B5.1B
Short Long Term Debt Total261.9M110.0M75.1M57.2M191.1M243.2M
Other Current Liab2.3M8.2M1.1M103.3M9.4M8.9M
Total Current Liabilities165.1M286.1M231.2M233.6M311.9M162.2M
Total Stockholder Equity2.0B2.6B2.9B3.0B3.8B4.0B
Other Liab230.5M339.8M319.4M294.1M338.2M355.1M
Net Tangible Assets2.0B2.6B2.9B3.0B3.5B3.6B
Property Plant And Equipment Net2.0B2.4B2.2B2.3B3.5B3.7B
Net Debt121.3M(369.7M)(597.9M)(594.7M)(114.2M)(108.5M)
Retained Earnings(261.2M)254.3M507.4M588.1M393.8M413.5M
Accounts Payable83.4M89.1M111.7M114.8M166.3M174.6M
Cash140.6M479.7M673.0M651.9M305.3M224.6M
Non Current Assets Total2.3B2.6B2.5B2.6B4.1B4.3B
Non Currrent Assets Other68.8M76.5M70.8M219.4M305.6M320.9M
Other Assets73.3M127.1M147.0M219.4M252.3M264.9M
Long Term Debt235.8M48.7M25.2M41.7M152.0M232.5M
Cash And Short Term Investments140.6M479.7M673.0M651.9M305.3M226.8M
Net Receivables49.0M33.1M63.8M51.2M48.5M33.8M
Common Stock Total Equity2.2B2.2B2.3B2.4B2.8B1.6B
Common Stock Shares Outstanding1.0B1.1B1.1B1.1B1.2B793.0M
Liabilities And Stockholders Equity2.7B3.4B3.6B3.7B4.8B5.1B
Non Current Liabilities Total466.4M415.7M369.1M335.8M647.8M396.0M
Inventory217.9M238.1M272.4M332.0M344.7M362.0M
Other Current Assets24.2M11.9M37.0M7.9M8.6M15.4M
Other Stockholder Equity56.7M48.5M67.0M78.2M84.5M99.9M
Total Liab631.4M701.8M600.3M569.4M959.7M558.3M
Long Term Investments133.6M85.6M136.4M151.9M220.1M231.1M
Property Plant And Equipment Gross2.0B2.4B3.8B2.3B6.4B6.7B
Short Long Term Debt26.0M34.1M25.4M15.5M14.0M13.3M
Total Current Assets407.5M762.7M1.0B1.0B707.1M413.8M
Accumulated Other Comprehensive Income(145.1M)(138.5M)(136.3M)(145.9M)(124.6M)(118.4M)
Short Term Debt26.0M34.1M25.4M15.5M16.2M15.4M
Common Stock2.3B2.4B2.4B2.5B3.4B1.7B
Property Plant Equipment2.0B2.4B2.2B2.3B2.6B1.5B
Current Deferred Revenue53.4M154.7M93.0M120.1M138.1M145.0M
Long Term Debt Total454.5M235.8M75.9M49.7M44.8M42.5M

Currently Active Assets on Macroaxis

When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B2Gold Corp. If investors know B2Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
0.04
Earnings Share
(0.56)
Revenue Per Share
1.466
Quarterly Revenue Growth
(0.06)
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.