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Ghana Oil Co (XGHA:GOIL) Tax Rate % : 37.32% (As of Dec. 2023)


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What is Ghana Oil Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ghana Oil Co's Tax Expense for the six months ended in Dec. 2023 was GHS33 Mil. Ghana Oil Co's Pre-Tax Income for the six months ended in Dec. 2023 was GHS87 Mil. Therefore, Ghana Oil Co's Tax Rate % for the quarter that ended in Dec. 2023 was 37.32%.

Ghana Oil Co Tax Rate % Historical Data

The historical data trend for Ghana Oil Co's Tax Rate % 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 Tax Rate % Chart

Ghana Oil Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.36 24.11 30.15 28.51 37.32

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate % 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 30.36 24.11 30.15 28.51 37.32

Ghana Oil Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ghana Oil Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=32.566/87.272
=37.32 %

Ghana Oil Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=32.566/87.272
=37.32 %

* 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 Tax Rate % Related Terms

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Ghana Oil Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ghana Oil Co Ltd (XGHA:GOIL) » Definitions » Tax Rate %
Comparable Companies
XGHA:TOTAL NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 DINO IST:TUPRS XKRX:096770 BOM:500547 HKSE:00135 IEP TSE:5019 BKK:OR XKRX:010950 BSP:CSAN3
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.

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