GOIL Past Earnings Performance

Past criteria checks 0/6

GOIL's earnings have been declining at an average annual rate of -8.1%, while the Oil and Gas industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 32.7% per year. GOIL's return on equity is 5%, and it has net margins of 0.2%.

Key information

-8.1%

Earnings growth rate

-8.1%

EPS growth rate

Oil and Gas Industry Growth27.8%
Revenue growth rate32.7%
Return on equity5.0%
Net Margin0.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How GOIL makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

GHSE:GOIL Revenue, expenses and earnings (GHS Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2419,148456540
30 Jun 2418,979486220
31 Mar 2419,322526310
31 Dec 2320,607555830
30 Sep 2322,605905490
30 Jun 2323,8261025440
31 Mar 2323,7861145000
31 Dec 2220,7441244670
30 Sep 2216,3541234120
30 Jun 2212,4801313910
31 Mar 229,1061063430
31 Dec 217,537993160
30 Sep 216,341922800
30 Jun 215,6391112570
31 Mar 214,8291042440
31 Dec 204,838902360
30 Sep 205,212862570
30 Jun 205,619752520
31 Mar 206,407942430
31 Dec 196,2651062310
30 Sep 196,2031151980
30 Jun 195,867941920
31 Mar 195,359921790
31 Dec 185,092821770
30 Sep 184,599721670
30 Jun 184,316761470
31 Mar 184,076681490
31 Dec 174,079651410
30 Sep 174,095621460
30 Jun 173,958641350
31 Mar 173,829601320
31 Dec 163,494541250
30 Sep 164,71156840
30 Jun 164,380521010
31 Mar 163,98448920
31 Dec 153,63140830
30 Sep 151,77932870
30 Jun 151,71431660
31 Mar 151,63325640
31 Dec 141,54720630
30 Sep 141,39622490
30 Jun 141,20515460
31 Mar 141,09114430

Quality Earnings: GOIL has a high level of non-cash earnings.

Growing Profit Margin: GOIL's current net profit margins (0.2%) are lower than last year (0.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GOIL's earnings have declined by 8.1% per year over the past 5 years.

Accelerating Growth: GOIL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GOIL had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (14.5%).


Return on Equity

High ROE: GOIL's Return on Equity (5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 23:18
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GOIL Plc is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lawrencia AsanteDatabank Brokerage Ltd.
null nullDatabank Brokerage Ltd.
null nullIC Securities Holdings Limited