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Ghana Oil Co (XGHA:GOIL) Capex-to-Operating-Income : 1.59 (As of Dec. 2022)


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What is Ghana Oil Co Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Ghana Oil Co's Capital Expenditure for the six months ended in Dec. 2022 was GHS-272.99 Mil. Its Operating Income for the six months ended in Dec. 2022 was GHS172.27 Mil.

Hence, Ghana Oil Co's Capex-to-Operating-Income for the six months ended in Dec. 2022 was 1.59.


Ghana Oil Co Capex-to-Operating-Income Historical Data

The historical data trend for Ghana Oil Co's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ghana Oil Co Capex-to-Operating-Income Chart

Ghana Oil Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.43 2.62 1.77 1.59

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 1.43 2.62 1.77 1.59

Competitive Comparison of Ghana Oil Co's Capex-to-Operating-Income

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ghana Oil Co's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's Capex-to-Operating-Income falls into.



Ghana Oil Co Capex-to-Operating-Income Calculation

Ghana Oil Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-272.993) / 172.271
=1.58

Ghana Oil Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-272.993) / 172.271
=1.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ghana Oil Co  (XGHA:GOIL) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Ghana Oil Co Capex-to-Operating-Income Related Terms

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Ghana Oil Co (XGHA:GOIL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Junction of Kojo Thompson and Adjaben Roads, Building No. D 659/4, P.O. Box GP 3183, Adabraka, Accra, GHA
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum products and related products particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly and socially responsible manner.

Ghana Oil Co (XGHA:GOIL) Headlines

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