Ghana Oil Co (XGHA:GOIL) Net Income: GHS91 Mil (TTM As of Dec. 2025)

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XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
72 GF Score
Price GHS7.50
GF Value GHS1.56
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ghana Oil Co Net Income?

Ghana Oil Co XGHA:GOIL 72 Net Income is GHS91 Mil as of Dec. 2025. GuruFocus rates XGHA:GOIL with a GF Score™ of 72/100 and a GF Value™ of GHS1.56 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Ghana Oil Co's Net Income for the six months ended in Dec. 2025 was GHS91 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was GHS91 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ghana Oil Co's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was GHS0.23.


Ghana Oil Co  (XGHA:GOIL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Ghana Oil Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Ghana Oil Co Net Income Related Terms


Ghana Oil Co Net Income Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co's Net 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.

Ghana Oil Co Net Income Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.74 123.89 54.71 84.70 90.67

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net 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 Premium Member Only Premium Member Only Premium Member Only 98.74 123.89 54.71 84.70 90.67
XGHA:GOIL
72GF Score
Ghana Oil Co Ltd XGHA:GOIL
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=123.371+-32.699+0+0
=91

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

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=123.371+-32.699+0+0
=91

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was GHS91 Mil.

* 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 Net Income →
What does a Net Income of GHS91 Mil mean?
Ghana Oil Co (XGHA:GOIL) has a Net Income of GHS91 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Ghana Oil Co and its competitors.
Is Ghana Oil Co's Net Income too high?
Ghana Oil Co's current Net Income is GHS91 Mil. Overall, Ghana Oil Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's Net Income compare to MPC and VLO?
Ghana Oil Co's Net Income of GHS91 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Oil & Gas company?
A good Net Income depends on the Oil & Gas industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Ghana Oil Co and its competitors. Ghana Oil Co's current Net Income is GHS91 Mil. 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 GHS1.56, compared to a current price of GHS7.50 — trading 380.8% above its estimated fair value. The current Net Income is GHS91 Mil. Ghana Oil Co's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current Net Income is GHS91 Mil 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 380.8% above its estimated GF Value™ of GHS1.56. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • Net Income: GHS91 Mil
  • GF Value™: GHS1.56 vs. price of GHS7.50 (380.8% above fair value)
  • GF Score™: 72/100 with 9 warning signs

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.
72GF Score

Get the complete analysis for XGHA:GOIL

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

GHS7.50
Price
GHS1.56
GF Value