Ghana Oil Co (XGHA:GOIL) Scaled Net Operating Assets : 0.22 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Ghana Oil Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ghana Oil Co's operating assets for the quarter that ended in Dec. 2023 was GHS3,779 Mil. Ghana Oil Co's operating liabilities for the quarter that ended in Dec. 2023 was GHS2,748 Mil. Ghana Oil Co's Total Assets for the quarter that ended in Dec. 2022 was GHS4,610 Mil. Therefore, Ghana Oil Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.22.

Ghana Oil Co Scaled Net Operating Assets Historical Data

The historical data trend for Ghana Oil Co's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Ghana Oil Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.48

0.53

0.42

0.26

0.22

Ghana Oil Co Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial										0.48	0.53	0.42	0.26	0.22

Competitive Comparison of Ghana Oil Co's Scaled Net Operating Assets

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's Scaled Net Operating Assets falls into.

Save Embed

;

Save Embed

;

Ghana Oil Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ghana Oil Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(3778.551	-	2747.927)	/	4609.544
=	0.22

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4002.542	-	223.991
=	3778.551

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3175.753	-	65.684	-	362.142
=	2747.927

Ghana Oil Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(3778.551	-	2747.927)	/	4609.544
=	0.22

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4002.542	-	223.991
=	3778.551

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3175.753	-	65.684	-	362.142
=	2747.927

Ghana Oil Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Ghana Oil Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Ghana Oil Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ghana Oil Co Ltd (XGHA:GOIL) » Definitions » Scaled Net Operating Assets

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 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 Headlines

No Headlines