B2Gold Retained Earnings vs Short Term Investments Analysis

BTG Stock  USD 2.81  0.09  3.31%   
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 Retained Earnings and its Short Term Investments 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.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B2Gold Corp Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between B2Gold Corp's Retained Earnings and Short Term Investments is -0.11. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments 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 Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of B2Gold Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., B2Gold Corp's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of B2Gold Corp balance sheet. It contains any investments B2Gold Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that B2Gold Corp can easily liquidate in the marketplace.
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 Income12.6M12.0M19.9M15.5M
Tax Provision265.4M243.9M276.9M182.5M

B2Gold Corp fundamental ratios Correlations

0.02-0.160.610.990.90.910.98-0.280.420.980.560.990.830.43-0.210.560.610.610.770.790.360.540.940.3-0.36
0.020.50.39-0.130.01-0.220.170.86-0.780.06-0.480.12-0.21-0.170.83-0.480.180.310.310.310.380.69-0.06-0.25-0.43
-0.160.5-0.11-0.22-0.28-0.26-0.070.63-0.45-0.04-0.63-0.060.07-0.40.61-0.63-0.140.0-0.17-0.14-0.070.21-0.13-0.680.05
0.610.39-0.110.530.70.470.630.080.020.620.380.60.320.56-0.030.380.530.380.710.740.330.570.660.32-0.33
0.99-0.13-0.220.530.880.950.94-0.420.550.970.630.960.860.45-0.340.630.590.570.70.720.310.410.940.35-0.3
0.90.01-0.280.70.880.830.89-0.30.330.890.60.870.680.62-0.250.60.510.510.790.840.330.50.920.42-0.33
0.91-0.22-0.260.470.950.830.85-0.520.630.910.640.870.830.46-0.330.640.580.680.610.670.450.250.90.38-0.13
0.980.17-0.070.630.940.890.85-0.10.250.970.411.00.810.34-0.050.420.560.630.790.810.380.650.90.19-0.38
-0.280.860.630.08-0.42-0.3-0.52-0.1-0.92-0.23-0.81-0.15-0.34-0.510.88-0.81-0.160.040.01-0.010.10.51-0.36-0.6-0.11
0.42-0.78-0.450.020.550.330.630.25-0.920.410.710.320.540.35-0.830.710.220.06-0.030.02-0.11-0.440.470.420.09
0.980.06-0.040.620.970.890.910.97-0.230.410.490.980.870.38-0.160.490.560.610.710.750.330.520.930.23-0.3
0.56-0.48-0.630.380.630.60.640.41-0.810.710.490.430.350.82-0.691.00.530.190.480.480.190.00.610.83-0.18
0.990.12-0.060.60.960.870.871.0-0.150.320.980.430.840.32-0.090.430.570.630.760.780.360.610.90.18-0.36
0.83-0.210.070.320.860.680.830.81-0.340.540.870.350.840.16-0.310.350.270.370.390.430.020.190.8-0.03-0.12
0.43-0.17-0.40.560.450.620.460.34-0.510.350.380.820.320.16-0.440.820.570.180.570.580.280.130.60.73-0.25
-0.210.830.61-0.03-0.34-0.25-0.33-0.050.88-0.83-0.16-0.69-0.09-0.31-0.44-0.69-0.040.370.060.080.440.52-0.32-0.490.01
0.56-0.48-0.630.380.630.60.640.42-0.810.710.491.00.430.350.82-0.690.530.190.480.480.190.00.610.83-0.18
0.610.18-0.140.530.590.510.580.56-0.160.220.560.530.570.270.57-0.040.530.650.720.720.680.470.580.51-0.36
0.610.310.00.380.570.510.680.630.040.060.610.190.630.370.180.370.190.650.60.660.920.510.520.17-0.05
0.770.31-0.170.710.70.790.610.790.01-0.030.710.480.760.390.570.060.480.720.60.980.570.810.720.41-0.47
0.790.31-0.140.740.720.840.670.81-0.010.020.750.480.780.430.580.080.480.720.660.980.620.790.770.4-0.43
0.360.38-0.070.330.310.330.450.380.1-0.110.330.190.360.020.280.440.190.680.920.570.620.490.30.28-0.05
0.540.690.210.570.410.50.250.650.51-0.440.520.00.610.190.130.520.00.470.510.810.790.490.4-0.02-0.48
0.94-0.06-0.130.660.940.920.90.9-0.360.470.930.610.90.80.6-0.320.610.580.520.720.770.30.40.35-0.3
0.3-0.25-0.680.320.350.420.380.19-0.60.420.230.830.18-0.030.73-0.490.830.510.170.410.40.28-0.020.35-0.24
-0.36-0.430.05-0.33-0.3-0.33-0.13-0.38-0.110.09-0.3-0.18-0.36-0.12-0.250.01-0.18-0.36-0.05-0.47-0.43-0.05-0.48-0.3-0.24
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B2Gold Corp Account Relationship Matchups

B2Gold Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.4B3.6B3.7B4.9B5.1B
Short Long Term Debt Total261.9M110.0M75.1M57.2M180.8M242.5M
Other Current Liab2.3M(146.5M)(91.2M)7.7M21.4M22.4M
Total Current Liabilities165.1M286.1M231.2M233.6M313.5M162.4M
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 Net2.0B2.4B2.2B2.3B3.6B3.7B
Net Debt121.3M(369.7M)(597.9M)(594.7M)(126.1M)(119.8M)
Retained Earnings(261.2M)254.3M507.4M588.1M393.8M413.5M
Accounts Payable83.4M89.1M111.7M114.8M167.1M175.5M
Cash140.6M479.7M673.0M651.9M306.9M224.7M
Non Current Assets Total2.3B2.6B2.5B2.6B4.2B4.4B
Non Currrent Assets Other68.8M76.5M70.8M219.4M363.3M381.5M
Other Assets73.3M127.1M147.0M219.4M21.3M20.2M
Long Term Debt235.8M48.7M25.2M41.7M152.0M232.5M
Cash And Short Term Investments140.6M479.7M673.0M651.9M306.9M226.9M
Net Receivables49.0M33.1M42.3M51.2M37.7M31.7M
Common Stock Total Equity2.2B2.2B2.3B2.4B2.8B1.6B
Common Stock Shares Outstanding1.0B1.1B1.1B1.1B1.2B793.0M
Liabilities And Stockholders Equity2.7B3.4B3.6B3.7B4.9B5.1B
Non Current Liabilities Total466.4M415.7M369.1M335.8M651.2M396.3M
Inventory217.9M238.1M272.4M332.0M346.5M363.8M
Other Current Assets24.2M45.0M100.8M51.2M9.1M8.7M
Other Stockholder Equity56.7M48.5M67.0M78.2M84.5M99.9M
Total Liab631.4M701.8M600.3M569.4M964.6M558.6M
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 Assets407.5M762.7M1.0B1.0B710.7M414.0M
Accumulated Other Comprehensive Income(145.1M)(138.5M)(136.3M)(145.9M)(124.6M)(118.4M)
Short Term Debt26.0M34.1M25.4M15.5M4.9M4.7M
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.