GOIL Past Earnings Performance

Past criteria checks 0/6

GOIL's earnings have been declining at an average annual rate of -5%, while the Oil and Gas industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 34.3% per year. GOIL's return on equity is 5.4%, and it has net margins of 0.3%.

Key information

-5.0%

Earnings growth rate

-5.0%

EPS growth rate

Oil and Gas Industry Growth27.8%
Revenue growth rate34.3%
Return on equity5.4%
Net Margin0.3%
Last Earnings Update30 Jun 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 Jun 2418,979486220
31 Mar 2419,322526310
31 Dec 2320,607555830
30 Sep 2322,605905430
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
31 Dec 131,00614410
30 Sep 1395313330

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

Growing Profit Margin: GOIL's current net profit margins (0.3%) 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 5% 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 (-53.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (10.1%).


Return on Equity

High ROE: GOIL's Return on Equity (5.4%) is considered low.


Return on Assets


Return on Capital Employed


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