B2Gold Gross Profit vs Discontinued Operations Analysis
BTG Stock | USD 2.89 0.06 2.12% |
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 Gross Profit and its Discontinued Operations 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.
Gross Profit vs Discontinued Operations
Gross Profit vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B2Gold Corp Gross Profit account and Discontinued Operations. At this time, the significance of the direction appears to have strong relationship.
The correlation between B2Gold Corp's Gross Profit and Discontinued Operations is 0.75. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Discontinued Operations 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 Gross Profit and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of B2Gold Corp are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Gross Profit i.e., B2Gold Corp's Gross Profit and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of B2Gold Corp minus its cost of goods sold. It is profit before B2Gold Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Discontinued Operations
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 4 B, while Selling General Administrative is projected to decrease to roughly 55.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 12.6M | 12.0M | 19.9M | 15.5M | Tax Provision | 265.4M | 243.9M | 276.9M | 182.5M |
B2Gold Corp fundamental ratios Correlations
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B2Gold Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
B2Gold Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 3.4B | 3.6B | 3.7B | 4.9B | 5.1B | |
Short Long Term Debt Total | 261.9M | 110.0M | 75.1M | 57.2M | 180.8M | 242.5M | |
Other Current Liab | 2.3M | (146.5M) | (91.2M) | 7.7M | 21.4M | 22.4M | |
Total Current Liabilities | 165.1M | 286.1M | 231.2M | 233.6M | 313.5M | 162.4M | |
Total Stockholder Equity | 2.0B | 2.6B | 2.9B | 3.0B | 3.8B | 4.0B | |
Other Liab | 230.5M | 339.8M | 319.4M | 294.1M | 338.2M | 355.1M | |
Net Tangible Assets | 2.0B | 2.6B | 2.9B | 3.0B | 3.5B | 3.6B | |
Property Plant And Equipment Net | 2.0B | 2.4B | 2.2B | 2.3B | 3.6B | 3.7B | |
Net Debt | 121.3M | (369.7M) | (597.9M) | (594.7M) | (126.1M) | (119.8M) | |
Retained Earnings | (261.2M) | 254.3M | 507.4M | 588.1M | 393.8M | 413.5M | |
Accounts Payable | 83.4M | 89.1M | 111.7M | 114.8M | 167.1M | 175.5M | |
Cash | 140.6M | 479.7M | 673.0M | 651.9M | 306.9M | 224.7M | |
Non Current Assets Total | 2.3B | 2.6B | 2.5B | 2.6B | 4.1B | 4.3B | |
Non Currrent Assets Other | 68.8M | 76.5M | 70.8M | 219.4M | 287.4M | 301.7M | |
Other Assets | 73.3M | 127.1M | 147.0M | 219.4M | 21.3M | 20.2M | |
Long Term Debt | 235.8M | 48.7M | 25.2M | 41.7M | 152.0M | 232.5M | |
Cash And Short Term Investments | 140.6M | 479.7M | 673.0M | 651.9M | 306.9M | 226.9M | |
Net Receivables | 49.0M | 33.1M | 42.3M | 51.2M | 37.7M | 31.7M | |
Common Stock Total Equity | 2.2B | 2.2B | 2.3B | 2.4B | 2.8B | 1.6B | |
Common Stock Shares Outstanding | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B | 793.0M | |
Liabilities And Stockholders Equity | 2.7B | 3.4B | 3.6B | 3.7B | 4.9B | 5.1B | |
Non Current Liabilities Total | 466.4M | 415.7M | 369.1M | 335.8M | 651.2M | 396.3M | |
Inventory | 217.9M | 238.1M | 272.4M | 332.0M | 346.5M | 363.8M | |
Other Current Assets | 24.2M | 45.0M | 100.8M | 51.2M | 9.1M | 8.6M | |
Other Stockholder Equity | 56.7M | 48.5M | 67.0M | 78.2M | 84.5M | 99.9M | |
Total Liab | 631.4M | 701.8M | 600.3M | 569.4M | 964.6M | 558.6M | |
Long Term Investments | 133.6M | 85.6M | 136.4M | 151.9M | 220.1M | 231.1M | |
Property Plant And Equipment Gross | 2.0B | 2.4B | 3.8B | 2.3B | 6.4B | 6.7B | |
Short Long Term Debt | 26.0M | 34.1M | 25.4M | 15.5M | 14.0M | 13.3M | |
Total Current Assets | 407.5M | 762.7M | 1.0B | 1.0B | 710.7M | 414.0M | |
Accumulated Other Comprehensive Income | (145.1M) | (138.5M) | (136.3M) | (145.9M) | (124.6M) | (118.4M) | |
Short Term Debt | 26.0M | 34.1M | 25.4M | 15.5M | 4.9M | 4.7M | |
Common Stock | 2.3B | 2.4B | 2.4B | 2.5B | 3.4B | 1.7B | |
Property Plant Equipment | 2.0B | 2.4B | 2.2B | 2.3B | 2.6B | 1.5B | |
Current Deferred Revenue | 53.4M | 154.7M | 93.0M | 120.1M | 138.1M | 145.0M | |
Long Term Debt Total | 454.5M | 235.8M | 75.9M | 49.7M | 44.8M | 42.5M |
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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 0.16 | 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.