Sakorggazi (სს საქორგგაზი)

panel 2026-09-21Ask

as filed · GEL, thousands

financial ratiosXLSX

Ratio	2017	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	90.3%	92.3%	80.9%	71.1%	51.6%	54.2%	71.8%	71.4%
EBITDA Margin	52.7%	11.7%	37.8%	35.6%	28.4%	31.1%	24.9%	32.6%
EBITDAR	22,617	13,848	24,872	28,349	31,984	36,689	30,532	45,727
EBITDAR Margin	54.7%	27.8%	37.9%	35.6%	28.5%	31.2%	25.1%	32.8%
EBIT Margin	41.1%	1.0%	15.6%	18.9%	18.0%	20.6%	11.5%	19.6%
Net Profit Margin	25.3%	-16.9%	-5.1%	1.3%	9.3%	15.4%	-0.1%	7.4%
Operating Expense % of Sales	37.6%	80.6%	43.0%	35.5%	23.2%	23.1%	46.9%	38.8%
Returns
Return on Assets (ROA)	9.0%	-4.9%	-1.9%	0.6%	6.7%	8.7%	-0.0%	3.2%
Return on Equity (ROE)	N/A	N/A	N/A	N/A	212.0%	78.5%	-0.3%	31.0%
ROIC [EBIT / Invested Capital]	253.9%	0.4%	8.8%	14.7%	20.3%	21.9%	10.0%	13.2%
Leverage & debt balances
Debt-to-Assets	13.7%	67.2%	71.5%	68.2%	60.0%	43.7%	43.8%	54.6%
Debt-to-Equity	-1.85x	-36.09x	-18.94x	-19.53x	19.13x	3.95x	5.12x	5.22x
Debt-to-EBITDA	0.73x	19.69x	4.98x	3.82x	2.96x	2.49x	3.88x	3.82x
Equity-to-Assets	-7.4%	-1.9%	-3.8%	-3.5%	3.1%	11.1%	8.6%	10.5%
Net Debt	15,241	114,757	123,464	107,980	94,299	87,941	117,159	173,159
Cash & Equivalents	591	169	241	162	240	3,060	252	287
Total Debt	15,832	114,926	123,705	108,142	94,539	91,001	117,411	173,446
Liquidity & working capital
Current Ratio	0.07x	0.18x	0.25x	0.13x	0.31x	0.43x	0.02x	0.25x
Quick Ratio	0.07x	0.18x	0.25x	0.13x	0.31x	0.43x	0.02x	0.25x
Cash Ratio	0.00x	0.00x	0.00x	0.00x	0.00x	0.03x	0.00x	0.00x
Total Current Assets	8,398	13,719	20,265	19,414	19,714	42,663	1,964	27,400
Total Current Liabilities	120,701	74,483	81,304	147,264	62,586	99,378	95,203	108,335
Inventory	321	54	92	60	180	23	29	64
Trade Receivables	7,388	13,489	19,929	18,921	18,603	39,055	1,520	26,262
Trade Payables	104,394	55,050	51,783	51,531	53,524	90,886	75,398	62,610
Net Working Capital	-112,303	-60,764	-61,039	-127,850	-42,872	-56,715	-93,239	-80,935
Net Working Capital % of Revenue	-271.6%	-121.8%	-92.9%	-160.6%	-38.2%	-48.2%	-76.5%	-58.0%
Trade Working Capital	-96,685	-41,507	-31,762	-32,550	-34,741	-51,808	-73,849	-36,284
Trade Working Capital % of Revenue	-233.8%	-83.2%	-48.4%	-40.9%	-30.9%	-44.1%	-60.6%	-26.0%
Change in Trade Working Capital	N/A	55,178	9,745	-788	-2,191	-17,067	-22,041	37,565
Turnover & efficiency
Inventory Turnover	12.48x	71.28x	136.58x	383.00x	301.86x	2342.26x	1184.93x	624.03x
Days Inventory Outstanding (DIO)	29.2	5.1	2.7	1.0	1.2	0.2	0.3	0.6
Receivables Turnover	5.60x	3.70x	3.30x	4.21x	6.04x	3.01x	80.14x	5.31x
Days Sales Outstanding (DSO)	65.2	98.7	110.7	86.8	60.4	121.2	4.6	68.7
Payables Turnover	0.04x	0.07x	0.24x	0.45x	1.02x	0.59x	0.46x	0.64x
Days Payable Outstanding (DPO)	9509.3	5220.4	1504.2	818.5	359.6	615.8	800.9	572.2
Cash Conversion Cycle	-9414.9 days	-5116.6 days	-1390.8 days	-730.8 days	-297.9 days	-494.4 days	-796.0 days	-502.9 days
Asset Turnover	0.36x	0.29x	0.38x	0.50x	0.71x	0.57x	0.45x	0.44x
Cash flow & dividends
Operating Cash Flow	13,979	-55,940	9,750	23,419	28,100	21,573	31,306	9,291
Free Cash Flow (OCF − Capex proxy)	13,979	-64,917	-2,021	10,821	18,618	10,798	1,327	-34,491
Cash Conversion (OCF / EBITDA)	64.1%	-958.2%	39.2%	82.7%	88.0%	58.9%	103.4%	20.5%
Dividends Declared	0	0	0	0	0	0	0	0
Dividend Payout Ratio	0.0%	N/A	N/A	0.0%	0.0%	0.0%	N/A	0.0%

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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