Ghana Oil Co (XGHA:GOIL) Current Ratio: 0.84 (As of Dec. 2025) — Near Median


XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
77 GF Score
Price GHS7.50
GF Value GHS1.52
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Ghana Oil Co Current Ratio?

Ghana Oil Co XGHA:GOIL 77 Current Ratio is 0.84 as of Dec. 2025, which is 2% below its 10-year median of 0.86. GuruFocus rates XGHA:GOIL with a GF Score™ of 77/100 and a GF Value™ of GHS1.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,014 Oil & Gas companies, Ghana Oil Co ranks worse than 74.65% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Ghana Oil Co's current ratio for the quarter that ended in Dec. 2025 was 0.84.

Ghana Oil Co has a current ratio of 0.84. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Ghana Oil Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Ghana Oil Co's Current Ratio or its related term are showing as below:

XGHA:GOIL' s Current Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.86   Max: 1.01
Current: 0.84

During the past 13 years, Ghana Oil Co's highest Current Ratio was 1.01. The lowest was 0.75. And the median was 0.86.

XGHA:GOIL's Current Ratio is ranked worse than
74.65% of 1014 companies
in the Oil & Gas industry
Industry Median: 1.345 vs XGHA:GOIL: 0.84

Ghana Oil Co  (XGHA:GOIL) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Ghana Oil Co Current Ratio Related Terms


Ghana Oil Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co's Current Ratio 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.

Ghana Oil Co Current Ratio Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.85 0.75 0.87 0.84

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.85 0.75 0.87 0.84

XGHA:GOIL vs VLO, MPC, PSX: Current Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's Current Ratio falls into.


XGHA:GOIL
77GF Score
Ghana Oil Co Ltd XGHA:GOIL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghana Oil Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Ghana Oil Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=3044.54/3634.449
=0.84

Ghana Oil Co's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=3044.54/3634.449
=0.84

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.84 mean?
Ghana Oil Co (XGHA:GOIL) has a Current Ratio of 0.84 as of Dec. 2025. This is near median its historical median of 0.86. Over the past decade, Ghana Oil Co's Current Ratio has ranged from 0.75 to 1.01. According to the industry distribution chart, Ghana Oil Co ranks #757 out of 1014 companies in the Oil & Gas industry, placing it in the top 74.7%.
Is Ghana Oil Co's Current Ratio too high?
Ghana Oil Co's current Current Ratio of 0.84 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.01. The Oil & Gas industry median Current Ratio is 1.35. Ghana Oil Co's value of 0.84 is 37.5% below this industry median. Based on the distribution chart, Ghana Oil Co ranks #757 out of 1014 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ghana Oil Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's Current Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #757 out of 1014 companies for Current Ratio. This places Ghana Oil Co in the lower half of its industry. The industry median Current Ratio is 1.35. Ghana Oil Co's value of 0.84 is 37.5% below this benchmark. Historically, Ghana Oil Co's own Current Ratio has ranged from 0.75 to 1.01 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.35, Ghana Oil Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghana Oil Co's current Current Ratio of 0.84 is 37.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current Current Ratio is 0.84, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.52, compared to a current price of GHS7.50 — trading 393.4% above its estimated fair value. The current Current Ratio is 0.84, which is near median its 10-year median of 0.86 and 37.5% below the Oil & Gas industry median of 1.35. Ghana Oil Co's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current Current Ratio is 0.84 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued. The current stock price of GHS7.50 is trading 393.4% above its estimated GF Value™ of GHS1.52. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • Current Ratio: 0.84 (near median its 10-year median of 0.86)
  • GF Value™: GHS1.52 vs. price of GHS7.50 (393.4% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 37.5% below the Oil & Gas median (#757 of 1014)

No single metric tells the full story. See the XGHA:GOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ghana Oil Co Business Description

Industry EnergyOil & Gas
Address Junction of Kojo Thompson and Adjabeng Roads, House Number D659/4, 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 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.
77GF Score

Get the complete analysis for XGHA:GOIL

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS7.50
Price
GHS1.52
GF Value