Ghana Oil Co (XGHA:GOIL) Construction In Progress : GHS951 Mil (As of Dec. 2022)

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What is Ghana Oil Co Construction In Progress?

Ghana Oil Co's quarterly construction in progress increased from Dec. 2020 (GHS583 Mil) to Dec. 2021 (GHS780 Mil) and increased from Dec. 2021 (GHS780 Mil) to Dec. 2022 (GHS951 Mil).

Ghana Oil Co's annual construction in progress increased from Dec. 2020 (GHS583 Mil) to Dec. 2021 (GHS780 Mil) and increased from Dec. 2021 (GHS780 Mil) to Dec. 2022 (GHS951 Mil).

Ghana Oil Co Construction In Progress Historical Data

The historical data trend for Ghana Oil Co's Construction In Progress 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.

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Ghana Oil Co Construction In Progress Chart

Ghana Oil Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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155.93

278.15

582.68

780.30

950.86

Ghana Oil Co Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Construction In Progress	Get a 7-Day Free Trial									155.93	278.15	582.68	780.30	950.86

Ghana Oil Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Ghana Oil Co (XGHA:GOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ghana Oil Co Ltd (XGHA:GOIL) » Definitions » Construction In Progress

Comparable Companies

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

Website

https://www.goil.com.gh

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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