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BBarrick Mining Corporation
$36.93$61.9B
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HomeStocksBBalance Sheet

Barrick Mining Corporation (B) Balance Sheet

30Y historyFree accessUpdated daily

The company maintains a conservative capital structure with a debt-to-equity ratio of 0.13 and a robust liquidity position supported by $7.2 billion in cash as of 2026Q1.

B Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05Dec'04Dec'03Dec'02Dec'01Dec'00Dec'99Dec'98Dec'97Dec'96
Total Current Assets10.65B10.22B7.63B7.44B8.46B8.25B642.35M764.39M806.15M768.72M608.49M611.59M588.4M577.2M618.54M529.99M450.21M402.68M477.51M521.37M461.21M378.67M351.1M312.1M238.64M256.54M241.35M219.2M207.2M203M190.3M
Cash & Short-Term Investments7.15B6.69B4.07B4.15B4.44B5.28B79.14M93.81M100.72M145.29M66.45M83.93M46.04M70.86M86.36M62.51M13.45M17.43M20.96M20.6M35.36M28.11M36.34M49.79M28.36M48.87M23.3M43.6M42.8M32.5M24M
Cash Only7.15B6.69B4.07B4.15B4.44B5.28B79.14M93.81M100.72M145.29M66.45M83.93M46.04M70.86M86.36M62.51M13.45M17.43M20.96M20.6M35.36M28.11M36.34M49.79M28.36M48.87M23.3M43.6M40.2M32.5M24M
Short-Term Investments0000000000000000000000000000000
Accounts Receivable720.36M1.12B1.36B1.18B906M942M325.19M416.51M439.44M381.47M314.29M294.23M298.46M276.87M272.06M222.14M197.72M160.27M173.22M211.35M190.78M155.59M138.94M119.13M97.53M94.12M107.43M91.7M82.8M91.8M88.1M
Days Sales Outstanding15.8724.1338.537.7330.0328.69105.56101.95107.2296.9393.2189.9586.3292.58106.9293.7370.1656.5746.4254.455.2851.5350.9848.8145.4144.6952.9953.7846.4152.1354.04
Inventory2.16B2.06B1.94B1.78B1.78B1.73B238.01M232.71M265.99M241.96M227.76M208.61M212.04M211.25M226.22M216.52M216.38M190.79M240.81M246.84M198.96M159.24M136.96M109.78M88.81M85.72M88.51M66.4M64.4M61.1M64.9M
Days Inventory Outstanding82.4191.1689.048286.7189.28120.4589.96100.7693.58105.497.2793.29104.45125.94128.43116.46103.77103.69102.2791.0682.3976.5769.4461.1660.2271.3661.4757.6855.9666.15
Other Current Assets618.03M127.77M103M127M1.09B87M-73.73M-46.16M-57.18M-32.53M-27.16M-7.64M9.28M22K15.05M7.15M10.45M23.63M27.65M29.09M24.92M24.56M26.61M22.32M16.02M16.7M22.1M17.5M17.2M17.6M13.3M
Total Non-Current Assets42.11B41.36B39.99B38.37B37.5B38.64B2.03B1.97B2B1.6B1.53B1.45B1.49B1.55B1.25B910.37M953.05M949.31M970.13M1.02B875.24M627.2M585.87M518.72M413.89M379.97M395.59M297.1M211.7M205M199.7M
Property, Plant & Equipment29.96B29.35B28.64B26.5B25.9B25.04B370.95M356.6M370.53M359.3M334.49M308.86M299.44M302.56M233.1M210.78M218.43M224.96M235.03M230.54M209.65M157.06M166.28M154.09M159.44M152.94M163.77M145.1M139.2M133.8M131.1M
Fixed Asset Turnover0.68x0.58x0.45x0.43x0.43x0.48x3.03x4.18x4.04x4.00x3.68x3.87x4.21x3.61x3.98x4.10x4.71x4.60x5.80x6.15x6.01x7.02x5.98x5.78x4.92x5.03x4.52x4.29x4.68x4.80x4.54x
Goodwill3.04B3.03B3.1B3.58B3.58B4.77B1.01B933.02M955.52M690.22M633.44M587.99M594.95M649.7M579.9M366.1M384.24M373.56M361.93M380.49M358.6M235.3M221.86M00000000
Intangible Assets148.49M148M66M67M67M68M564.13M581.12M636.54M507.04M522.26M528.32M554.69M534.29M383.97M272.09M290.8M303.69M316.82M330.46M236.56M163.85M125.45M282.04M164.59M159.84M155.67M88.6M18.2M18.8M19.4M
Long-Term Investments16.9B4.22B4.15B4.26B4.09B5.01B0000000000000000000000000
Other Non-Current Assets4.58B4.61B4.04B3.96B3.83B3.73B65.13M81.97M19.76M28.27M13.43M23.97M26.35M57.62M23.12M13.73M16.85M16.44M15.61M62.39M46.89M48.51M53.74M59.8M67.25M61.41M76.16M63.4M54.3M52.4M49.2M
Total Assets52.76B51.58B47.63B45.81B45.97B46.89B2.68B2.74B2.81B2.37B2.14B2.06B2.07B2.12B1.87B1.44B1.4B1.35B1.45B1.54B1.34B1.01B936.96M830.82M652.53M636.5M636.94M516.3M418.9M408M390M
Asset Turnover0.38x0.33x0.27x0.25x0.24x0.26x0.42x0.54x0.53x0.61x0.58x0.58x0.61x0.51x0.50x0.60x0.73x0.76x0.94x0.92x0.94x1.10x1.06x1.07x1.20x1.21x1.16x1.21x1.55x1.58x1.53x
Asset Growth %22.54%8.3%3.96%-0.34%-1.97%1652.09%-2.27%-2.51%18.74%10.67%3.67%-0.58%-2.34%13.65%29.73%2.64%3.79%-6.61%-5.96%15.18%32.87%7.35%12.78%27.32%2.52%-0.07%23.37%23.25%2.67%4.62%7.88%
Total Current Liabilities3.48B3.5B2.64B2.36B3.12B2.09B295.38M342.88M357.86M315.76M301.88M252.55M265.09M300.32M199.9M197.68M282.86M189.29M189.16M344.32M295.06M257.86M224.43M192.48M132.08M183.6M126.85M116M100.3M89.9M80.8M
Accounts Payable1.65B644.82M655M678M741M539M112.43M118.51M143.42M127.52M112.02M97.03M94.8M88.72M99.04M92.52M98.19M85.59M80.5M187.14M141.34M120.16M135.98M97.16M63.39M71.41M59.77M57.5M38.4M37.8M30.4M
Days Payables Outstanding54.5428.4830.0331.236.0827.7556.945.8154.3349.3251.8445.2441.7143.8755.1354.8852.8546.5534.6677.5364.6962.1776.0261.4643.6550.1748.1853.2334.434.6230.99
Short-Term Debt61.2M55.9M71M32M32M9M4.39M9.76M7.66M7M32.89M24.2M8.89M57.08M4.49M12.9M98.07M30.16M24.29M49.98M50.76M44.08M9.41M16.8M6.84M53.08M6.9M12.1M6.8M2.4M1.8M
Deferred Revenue (Current)000054M43M39.87M55.08M57.52M44.6M34.81M16.45M25.34M23.42M1.71M0000000000000000
Other Current Liabilities684.24M1.43B400M507M357M286M6.32M12.66M8.62M8.29M8.26M8.44M8.23M8.22M8.18M8.4M000000000060.18M46.4M55.1M49.7M48.6M
Current Ratio3.06x2.92x2.89x3.16x2.71x3.95x2.17x2.23x2.25x2.43x2.02x2.42x2.22x1.92x3.09x2.68x1.59x2.13x2.52x1.51x1.56x1.47x1.56x1.62x1.81x1.40x1.90x1.89x2.07x2.26x2.36x
Quick Ratio2.44x2.33x2.15x2.40x2.14x3.12x1.37x1.55x1.51x1.67x1.26x1.60x1.42x1.22x1.96x1.59x0.83x1.12x1.25x0.80x0.89x0.85x0.95x1.05x1.13x0.93x1.20x1.32x1.42x1.58x1.55x
Cash Conversion Cycle43.7486.8197.5188.5380.6690.22169.12146.1153.66141.19146.77141.97137.9153.16177.72167.28133.77113.78115.4579.1381.6571.7551.5356.862.9154.7476.1662.0269.773.4889.21
Total Non-Current Liabilities12.39B12.16B11.73B11.45B11.56B12.5B998.17M1.12B1.25B789.63M667.3M681.56M697M681.94M868.58M520.29M408.27M477.99M675.07M541.07M521.6M346.85M362.01M316.6M312.23M254.06M308.76M219.7M129.9M137.2M152M
Long-Term Debt4.68B4.64B5.13B5.13B5.15B5.4B699.87M825.02M936.36M525.6M468.06M485.71M495.84M490.34M642.12M333.15M259.65M321.31M469.11M384.48M376.32M241.94M258.63M224.21M214.13M178.37M230M140M51M60M70M
Capital Lease Obligations46.91M46.91M46M45M57M53M0000000000000000000000000
Deferred Tax Liabilities15.25B3.98B3.89B3.44B3.25B3.29B91.67M88.41M106.56M73.5M66.45M62.36M70.15M94.51M48.71M20.66M000000000000000
Other Non-Current Liabilities3.55B3.48B2.64B2.8B3.1B3.16B206.63M211.51M205.14M190.53M132.79M133.49M131.01M97.09M177.76M166.48M148.63M156.68M205.95M156.59M145.28M104.91M103.37M92.39M98.11M75.7M78.76M79.7M78.9M77.2M82M
Total Liabilities15.86B15.66B14.37B13.81B14.68B14.58B1.29B1.47B1.61B1.11B969.18M934.11M962.09M982.26M1.07B717.97M691.14M667.28M864.22M885.39M816.66M604.7M586.44M509.08M444.31M437.67M435.61M335.7M230.2M227.1M232.8M
Total Debt4.74B4.74B5.26B5.22B5.25B5.47B715.97M845.53M944.02M532.6M500.95M509.91M504.73M547.42M646.61M346.05M357.72M351.47M493.4M434.46M427.08M286.02M268.05M241.02M220.96M231.44M236.9M152.1M57.8M62.4M71.8M
Net Debt-2.41B-1.95B1.18B1.07B810M193M636.82M751.72M843.3M387.31M434.51M425.98M458.69M476.57M560.26M283.55M344.27M334.04M472.45M413.86M391.72M257.91M231.71M191.23M192.61M182.57M213.59M108.5M17.6M29.9M47.8M
Debt / Equity0.13x0.13x0.16x0.16x0.17x0.17x0.52x0.67x0.78x0.42x0.43x0.45x0.45x0.48x0.81x0.48x0.50x0.51x0.85x0.66x0.82x0.71x0.76x0.75x1.06x1.16x1.18x0.84x0.31x0.34x0.46x
Debt / EBITDA0.40x0.47x0.86x1.08x1.05x0.85x3.39x2.52x2.90x1.80x1.83x2.07x1.93x2.91x3.93x2.16x2.57x3.14x2.46x2.11x2.68x2.57x3.17x2.79x2.82x2.99x2.40x2.00x0.69x0.66x0.88x
Net Debt / EBITDA-0.21x-0.19x0.19x0.22x0.16x0.03x3.02x2.24x2.59x1.31x1.58x1.73x1.75x2.53x3.41x1.77x2.47x2.98x2.36x2.01x2.46x2.32x2.74x2.21x2.45x2.36x2.16x1.43x0.21x0.32x0.58x
Interest Coverage29.93x23.16x12.35x8.78x6.09x14.19x7.37x11.03x13.32x14.43x16.37x15.76x15.62x9.22x8.54x9.86x4.19x2.77x7.46x6.18x0.95x10.52x3.28x--------
Total Equity36.89B35.92B33.26B32B31.29B32.31B1.38B1.27B1.2B1.26B1.17B1.13B1.11B1.14B800.12M722.4M712.12M684.71M583.41M653.95M519.79M401.16M350.52M321.74M208.22M198.84M201.33M180.6M188.7M180.9M157.2M
Equity Growth %24.11%8%3.92%2.28%-3.15%2236.55%8.83%5.61%-4.54%7.87%3.6%1.44%-2.6%42.66%10.76%1.44%4%17.36%-10.79%25.81%29.57%14.44%8.95%54.52%4.72%-1.24%11.48%-4.29%4.31%15.08%22.05%
Book Value per Share22.0321.0818.9918.2318.0218.590.800.720.670.680.630.600.590.610.430.380.370.370.310.330.290.240.220.210.160.150.160.140.140.130.11
Total Shareholders' Equity27.43B26.56B24.29B23.34B22.77B23.86B1.38B1.27B1.2B1.26B1.17B1.13B1.11B1.14B800.12M722.4M712.12M684.71M583.41M653.95M519.79M401.16M350.52M321.74M208.22M198.84M201.33M180.6M188.7M180.9M157.2M
Common Stock26.93B26.83B27.66B28.12B28.11B28.5B642K639K634K630K627K621K612K603K592K586K565K560K552K545K526K488K244K244K220K220K220K200K200K00
Retained Earnings-272.89M-1.17B-5.27B-6.71B-7.28B-6.57B1.52B1.49B1.36B1.21B1.18B1.07B974.51M881.17M633.45M560.19M514.24M478.7M476.02M422.79M352.82M304.27M292.85M270.03M255.15M243.37M239.27M218.4M204.4M183.9M156.7M
Treasury Stock000000-516.99M-498.07M-441.67M-298M-251.83M-226.42M-169.41M-156.65M-99.76M-79.57M-44.38M-15.84M-46.7M-10.58M-4.61M-14.59M-31.54M-34.65M-61.85M-76.9M-69.18M-63.9M-42.9M00
Accumulated OCI-359.18M-234.57M33M24M26M-23M-122.31M-210.5M-190.5M-106.4M-200.83M-143.25M-99.45M25.94M-66.75M-75.05M-36.59M-49.5M-89.92M10.47M-23.16M-25.98M-13.71M-14.47M-38.81M-22.72M-20.82M-23.9M-22.2M00
Minority Interest9.47B9.36B8.97B8.66B8.52B8.45B0000000000000000000000000

Key Metrics

Growth RegimeExpanding
ProfitabilityStrong
Balance SheetFortress
Cash FlowRobust
Top Statement Risk

Geopolitical and commodity volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Asset Base Expansion and Strengthening

As reported in financial statements, Barrick's total assets have grown from $45.8 billion in 2024Q1 to $52.8 billion in 2026Q1, reflecting a consistent expansion of the capital base that appears to be driven by strategic investments in Tier 1 mining assets and infrastructure.

The steady increase in total assets suggests that the company is successfully scaling its operational footprint while maintaining a disciplined approach to capital deployment. This trajectory indicates a strengthening balance sheet that provides the necessary foundation for long-term production growth and potential diversification into copper.

Robust Liquidity Buffers Support Operations

Based on the provided quarterly data, Barrick maintains a strong liquidity position with cash reserves reaching $7.2 billion in 2026Q1, resulting in a current ratio of 3.06, which suggests a significant buffer against potential operational shocks or sudden fluctuations in commodity market conditions.

The high current ratio indicates that the company is well-positioned to meet its short-term obligations without relying on external financing. This liquidity profile provides management with the flexibility to pursue opportunistic growth or navigate periods of commodity price volatility without compromising financial stability.

Conservative Leverage Enhances Financial Flexibility

According to recent balance sheet disclosures, Barrick has maintained a remarkably low Debt/Equity ratio of 0.13% as of 2026Q1, signaling a highly conservative capital structure that stands in stark contrast to the more levered profiles often observed in the broader mining industry.

This minimal reliance on debt suggests that the company is prioritizing financial resilience and low cost-of-capital, which may provide a competitive advantage during cyclical downturns. Investors should monitor whether this low leverage is a permanent strategic choice or a precursor to significant future capital allocation.

Equity Quality and Retained Earnings

As evidenced by the company's financial filings, equity has expanded to $27.4 billion in 2026Q1, although the persistent negative balance in retained earnings warrants further investigation into the historical accounting adjustments and capital return policies that have shaped the current equity composition.

The growth in total equity reflects the accumulation of value over time, yet the negative retained earnings suggest that past impairments or aggressive capital returns may have impacted the accounting surplus. Analysts should evaluate whether this trend is stabilizing as the company pivots toward its new strategic focus.

Hidden Risks in Asset Valuation

While the balance sheet appears robust, the $3.0 billion in goodwill reported in 2026Q1 represents a potential area of sensitivity, as any future impairment of these intangible assets could negatively impact the company's reported equity and overall financial health in a volatile commodity environment.

The presence of significant goodwill suggests that past acquisitions continue to influence the balance sheet, and investors should remain cautious regarding the carrying value of these assets. Any shift in the long-term outlook for specific mining jurisdictions could necessitate non-cash charges that might obscure underlying operational performance.

B — Frequently Asked Questions

Quick answers to the most common questions about buying B stock.

What are the total assets of Barrick Mining Corporation (B)?

As of 2025, Barrick Mining Corporation (B) had total assets of $51.58B including $10.22B in current assets.

How much debt does Barrick Mining Corporation (B) have?

Barrick Mining Corporation (B) carries total debt of $4.74B, offset by $6.69B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Barrick Mining Corporation?

Barrick Mining Corporation (B) has total shareholders' equity (book value) of $26.56B ($21.08 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Barrick Mining Corporation's current ratio and liquidity?

Barrick Mining Corporation (B) reported a current ratio of 2.92x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.