შპს გრანდი

Ratio	2017	2018	2019	2020	2021
Margins
Gross Margin	35.7%	34.5%	32.2%	33.3%	9.0%
EBITDA Margin	4.3%	2.1%	4.4%	6.6%	-2.5%
EBITDAR	276	161	293	381	-80
EBITDAR Margin	4.6%	3.3%	5.5%	7.9%	-2.5%
EBIT Margin	3.8%	1.6%	3.7%	5.8%	-3.1%
Net Profit Margin	3.8%	-5.1%	0.1%	-0.0%	-2.5%
Operating Expense % of Sales	31.4%	32.4%	27.8%	26.7%	11.4%
Returns
Return on Assets (ROA)	9.4%	-10.9%	0.1%	-0.0%	-27.4%
Return on Equity (ROE)	N/A	N/A	N/A	N/A	N/A
ROIC [EBIT / Invested Capital]	13.6%	5.5%	12.2%	14.2%	N/A
Leverage & liquidity
Debt-to-Assets	102.7%	101.5%	93.1%	102.7%	3.1%
Debt-to-Equity	-3.72x	-2.50x	-2.83x	-3.20x	-0.11x
Debt-to-EBITDA	9.59x	22.45x	10.95x	9.18x	N/A
Equity-to-Assets	-27.6%	-40.6%	-32.9%	-32.1%	-27.4%
Net Debt	2,320	2,265	2,534	2,889	6
Cash & Equivalents	163	13	32	15	3
Total Debt	2,484	2,278	2,566	2,905	9
Liquidity & working capital
Current Ratio	2.04x	0.00x	0.00x	0.00x	0.00x
Quick Ratio	1.64x	-0.38x	-0.43x	-0.35x	-0.03x
Cash Ratio	0.15x	0.01x	0.02x	0.01x	0.01x
Total Current Assets	2,214	0	0	0	0
Total Current Liabilities	1,087	1,271	1,593	1,621	362
Inventory	432	485	684	566	11
Trade Receivables	1,606	1,554	1,857	2,040	215
Trade Payables	462	861	1,017	740	362
Net Working Capital	1,128	-1,271	-1,593	-1,621	-362
Net Working Capital % of Revenue	18.9%	-26.4%	-29.8%	-33.7%	-11.2%
Trade Working Capital	1,576	1,179	1,524	1,865	-136
Trade Working Capital % of Revenue	26.4%	24.5%	28.5%	38.7%	-4.2%
Change in Trade Working Capital	N/A	-398	345	342	-2,001
Turnover & efficiency
Inventory Turnover	8.87x	6.50x	5.30x	5.68x	266.60x
Days Inventory Outstanding (DIO)	41.1	56.2	68.8	64.2	1.4
Receivables Turnover	3.71x	3.10x	2.88x	2.36x	15.02x
Days Sales Outstanding (DSO)	98.3	117.9	126.7	154.5	24.3
Payables Turnover	8.30x	3.66x	3.56x	4.34x	8.11x
Days Payable Outstanding (DPO)	44.0	99.7	102.4	84.1	45.0
Cash Conversion Cycle	95.5 days	74.4 days	93.1 days	134.7 days	-19.3 days
Asset Turnover	2.46x	2.15x	1.94x	1.70x	10.97x
Cash flow & dividends
Operating Cash Flow	254	361	210	715	4,587
Free Cash Flow (OCF − Capex proxy)	254	336	135	715	4,587
Cash Conversion (OCF / EBITDA)	98.3%	356.1%	89.5%	226.0%	N/A
Dividends Declared	0	0	0	0	0
Dividend Payout Ratio	0.0%	N/A	0.0%	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