Balance Sheet Data

B2Gold Corp. (BTG)

$3.57

+0.01 (+0.28%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 147.47102.75140.60479.68673516.43696.48939.301,266.771,708.42
Total Cash (%)
Account Receivables 41.9426.3148.9633.1063.8087.56118.09159.26214.78289.66
Account Receivables (%)
Inventories 206.45233.97217.92238.05272.35470.78634.91856.261,154.781,557.38
Inventories (%)
Accounts Payable 95.0980.3283.3789.06111.72190.02256.27345.62466.12628.62
Accounts Payable (%)
Capital Expenditure -372.40-211.46-220.01-304.39-302.32-612.12-825.53-1,113.33-1,501.48-2,024.96
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.