Ghana Oil Co (XGHA:GOIL) Selling, General, & Admin. Expense: GHS416 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
72 GF Score
Price GHS7.96
GF Value GHS1.55
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Ghana Oil Co Selling, General, & Admin. Expense?

Ghana Oil Co XGHA:GOIL 72 Selling, General, & Admin. Expense is GHS416 Mil as of Dec. 2025. GuruFocus rates XGHA:GOIL with a GF Score™ of 72/100 and a GF Value™ of GHS1.55 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ghana Oil Co's selling, general, & admin. expense for the six months ended in Dec. 2025 was GHS416 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was GHS416 Mil.


Ghana Oil Co  (XGHA:GOIL) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Ghana Oil Co Selling, General, & Admin. Expense Related Terms


Ghana Oil Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.98 321.26 399.77 455.21 415.59

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense 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 200.98 321.26 399.77 455.21 415.59

XGHA:GOIL vs MPC, VLO, PSX: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's Selling, General, & Admin. Expense falls into.


XGHA:GOIL
72GF Score
Ghana Oil Co Ltd XGHA:GOIL
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was GHS416 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.

What does a Selling, General, & Admin. Expense of GHS416 Mil mean?
Ghana Oil Co (XGHA:GOIL) has a Selling, General, & Admin. Expense of GHS416 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ghana Oil Co and its competitors.
Is Ghana Oil Co's Selling, General, & Admin. Expense too high?
Ghana Oil Co's current Selling, General, & Admin. Expense is GHS416 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 Selling, General, & Admin. Expense compare to MPC and VLO?
Ghana Oil Co's Selling, General, & Admin. Expense of GHS416 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 Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ghana Oil Co and its competitors. Ghana Oil Co's current Selling, General, & Admin. Expense is GHS416 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 GHS1.55, compared to a current price of GHS7.96 — trading 413.5% above its estimated fair value. The current Selling, General, & Admin. Expense is GHS416 Mil. Ghana Oil Co's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current Selling, General, & Admin. Expense is GHS416 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 GHS7.96 is trading 413.5% above its estimated GF Value™ of GHS1.55. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • Selling, General, & Admin. Expense: GHS416 Mil
  • GF Value™: GHS1.55 vs. price of GHS7.96 (413.5% above fair value)
  • GF Score™: 72/100 with 10 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

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS7.96
Price
GHS1.55
GF Value