TAM Tbilaviamsheni (სს "თამ" თბილავიამშენი)

panel 2026-09-21Ask

TAM Tbilaviamsheni (სს "თამ" თბილავიამშენი) — Georgia Financials

as filed · GEL, thousands

financial ratiosXLSX

Ratio	2017	2018	2019	2020	2021	2022	2023
Margins
Gross Margin	54.4%	62.4%	53.6%	47.5%	3.7%	13.3%	4.2%
EBITDA Margin	-332.6%	-37.2%	27.3%	42.1%	-14.2%	2.2%	-4.5%
EBITDAR	-14,870	-859	2,553	16,335	-1,905	521	-1,306
EBITDAR Margin	-332.6%	-37.2%	27.3%	42.1%	-14.2%	2.2%	-4.5%
EBIT Margin	-355.1%	-80.0%	20.2%	30.1%	-62.3%	-31.5%	-28.3%
Net Profit Margin	-411.3%	-62.3%	-2.1%	21.2%	-70.4%	-25.9%	-25.5%
Operating Expense % of Sales	386.9%	99.6%	26.4%	6.1%	20.1%	12.2%	9.8%
Returns
Return on Assets (ROA)	-26.5%	-1.9%	-0.3%	14.2%	-12.1%	-7.0%	-11.2%
Return on Equity (ROE)	-38.5%	-3.1%	-0.8%	24.6%	-33.4%	-27.0%	-50.0%
ROIC [EBIT / Invested Capital]	-29.2%	-4.1%	7.9%	36.6%	-23.1%	-59.3%	-113.8%
Leverage & debt balances
Debt-to-Assets	9.6%	2.8%	5.0%	0.0%	17.5%	0.0%	0.0%
Debt-to-Equity	0.14x	0.05x	0.13x	0.00x	0.49x	0.00x	0.00x
Debt-to-EBITDA	N/A	N/A	1.25x	0.00x	N/A	0.00x	N/A
Equity-to-Assets	68.9%	60.3%	39.1%	57.6%	36.1%	26.0%	22.5%
Net Debt	6,635	-1,545	-1,007	-1,554	7,856	-9,892	-7,582
Cash & Equivalents	24	3,685	4,195	1,554	5,837	9,892	7,582
Total Debt	6,659	2,140	3,188	N/A	13,693	N/A	N/A
Liquidity & working capital
Current Ratio	1.85x	1.58x	0.91x	1.21x	0.91x	0.88x	0.72x
Quick Ratio	0.21x	0.28x	0.23x	0.63x	0.29x	0.27x	0.23x
Cash Ratio	0.00x	0.12x	0.11x	0.06x	0.12x	0.16x	0.15x
Total Current Assets	39,998	48,204	35,305	29,753	45,598	55,278	36,815
Total Current Liabilities	21,563	30,474	38,610	24,653	49,852	63,127	51,080
Inventory	35,528	39,742	26,334	14,303	31,335	37,931	25,178
Trade Receivables	3,524	4,723	4,776	13,896	8,426	7,316	3,885
Trade Payables	14,596	28,049	34,838	24,438	34,913	61,663	48,847
Net Working Capital	18,435	17,730	-3,305	5,100	-4,254	-7,849	-14,265
Net Working Capital % of Revenue	412.3%	768.2%	-35.3%	13.1%	-31.8%	-33.9%	-49.1%
Trade Working Capital	24,456	16,416	-3,728	3,761	4,848	-16,416	-19,784
Trade Working Capital % of Revenue	547.0%	711.3%	-39.9%	9.7%	36.2%	-70.8%	-68.1%
Change in Trade Working Capital	N/A	-8,040	-20,144	7,489	1,087	-21,264	-3,368
Turnover & efficiency
Inventory Turnover	0.06x	0.02x	0.16x	1.42x	0.41x	0.53x	1.11x
Days Inventory Outstanding (DIO)	6353.6	16711.8	2216.8	256.2	886.4	688.5	330.3
Receivables Turnover	1.27x	0.49x	1.96x	2.79x	1.59x	3.17x	7.48x
Days Sales Outstanding (DSO)	287.7	746.9	186.4	130.6	229.6	115.2	48.8
Payables Turnover	0.14x	0.03x	0.12x	0.83x	0.37x	0.33x	0.57x
Days Payable Outstanding (DPO)	2610.3	11794.8	2932.6	437.8	987.6	1119.2	640.7
Cash Conversion Cycle	4031.0 days	5663.9 days	-529.5 days	-51.0 days	128.4 days	-315.6 days	-261.7 days
Asset Turnover	0.06x	0.03x	0.15x	0.67x	0.17x	0.27x	0.44x
Cash flow & dividends
Operating Cash Flow	403	8,237	1,008	964	-8,175	17,455	-2,494
Free Cash Flow (OCF − Capex proxy)	403	8,237	876	440	-9,130	17,907	-2,269
Cash Conversion (OCF / EBITDA)	N/A	N/A	39.5%	5.9%	N/A	3350.3%	N/A
Dividends Declared	0	0	0	0	0	0	0
Dividend Payout Ratio	N/A	N/A	N/A	0.0%	N/A	N/A	N/A

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

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