შპს გლავსპირტპრომი

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	50.7%	57.4%	61.2%	55.4%	56.5%	45.6%	66.2%
EBITDA Margin	-2.4%	33.2%	35.5%	22.5%	30.7%	3.0%	41.0%
EBITDAR	-40	1,301	1,585	1,361	2,233	163	3,862
EBITDAR Margin	-2.2%	33.3%	35.6%	22.6%	30.7%	3.1%	41.2%
EBIT Margin	-12.8%	27.9%	32.6%	17.6%	29.6%	0.8%	37.6%
Net Profit Margin	0.2%	24.6%	29.5%	22.8%	29.8%	2.6%	40.8%
Operating Expense % of Sales	53.1%	24.3%	25.7%	32.9%	25.8%	42.7%	25.2%
Returns
Return on Assets (ROA)	0.0%	9.0%	8.7%	9.2%	14.4%	1.0%	20.3%
Return on Equity (ROE)	0.0%	13.1%	15.2%	13.7%	19.2%	1.2%	28.1%
ROIC [EBIT / Invested Capital]	-2.9%	11.3%	10.6%	8.0%	15.7%	0.3%	19.7%
Leverage & liquidity
Debt-to-Assets	10.7%	23.1%	35.3%	26.9%	20.8%	8.5%	24.4%
Debt-to-Equity	0.13x	0.34x	0.62x	0.40x	0.28x	0.10x	0.34x
Debt-to-EBITDA	N/A	1.90x	3.38x	2.96x	1.40x	7.14x	1.19x
Equity-to-Assets	82.5%	68.9%	57.2%	67.0%	74.9%	85.6%	72.1%
Net Debt	749	2,259	5,059	3,144	2,453	758	4,285
Cash & Equivalents	228	203	283	883	682	365	308
Total Debt	977	2,462	5,342	4,027	3,134	1,123	4,593
Efficiency & working capital
Inventory Turnover	N/A	0.23x	0.20x	0.30x	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	1576.6	1863.9	1209.0	N/A	N/A	N/A
Receivables Turnover	6.25x	3.78x	2.43x	5.16x	9.08x	3.82x	11.60x
Days Sales Outstanding (DSO)	58.4	96.6	149.9	70.7	40.2	95.5	31.5
Payables Turnover	1.47x	2.08x	1.91x	4.48x	13.28x	7.03x	5.52x
Days Payable Outstanding (DPO)	248.3	175.1	191.4	81.4	27.5	51.9	66.2
Cash Conversion Cycle	-189.9 days	1498.2 days	1822.4 days	1198.2 days	12.7 days	43.5 days	-34.7 days
Asset Turnover	0.20x	0.37x	0.29x	0.40x	0.48x	0.40x	0.50x
Cash flow & dividends
Operating Cash Flow	250	-332	-550	2,317	1,564	1,788	-1,674
Free Cash Flow (OCF − Capex proxy)	151	-335	-2,800	2,021	1,439	1,770	-1,973
Cash Conversion (OCF / EBITDA)	N/A	-25.6%	-34.8%	170.5%	70.0%	1136.8%	-43.5%
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in ₾ '000. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.

Ownership & group structure

Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.

companyinfo.ge · fetched 2026-07-15