შპს თბილისი კარგო სერვისი

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
EBITDA Margin	30.5%	33.4%	15.2%	24.7%	18.4%	21.1%	31.1%
EBITDAR	579	653	492	785	843	1,216	1,986
EBITDAR Margin	32.1%	35.0%	16.4%	26.0%	20.7%	23.3%	33.9%
EBIT Margin	25.8%	30.1%	12.2%	21.5%	15.8%	19.1%	28.6%
Net Profit Margin	79.6%	76.4%	12.9%	22.0%	16.2%	19.3%	29.0%
Operating Expense % of Sales	69.5%	66.6%	84.8%	75.3%	81.6%	78.9%	68.9%
Returns
Return on Assets (ROA)	101.7%	118.2%	30.8%	51.8%	49.7%	57.5%	63.8%
Return on Equity (ROE)	159.3%	191.8%	66.2%	83.0%	68.7%	71.2%	74.4%
ROIC [EBIT / Invested Capital]	194.0%	143.4%	87.2%	85.6%	69.1%	94.8%	170.1%
Leverage & debt balances
Debt-to-Assets	0.0%	0.0%	0.3%	0.3%	4.8%	0.5%	0.0%
Debt-to-Equity	0.00x	0.00x	0.01x	0.01x	0.07x	0.01x	0.00x
Debt-to-EBITDA	0.00x	0.00x	0.01x	0.01x	0.09x	0.01x	0.00x
Equity-to-Assets	63.9%	61.6%	46.5%	62.4%	72.4%	80.8%	85.8%
Net Debt	-661	-351	-165	-45	-32	-362	-1,299
Cash & Equivalents	661	351	168	49	96	371	1,299
Total Debt	N/A	N/A	3	4	64	9	N/A
Liquidity & working capital
Current Ratio	N/A	N/A	0.00x	0.00x	0.00x	0.00x	N/A
Quick Ratio	N/A	N/A	0.00x	0.00x	0.00x	0.00x	N/A
Cash Ratio	N/A	N/A	51.31x	11.19x	1.50x	42.16x	N/A
Total Current Assets	0	0	0	0	0	0	0
Total Current Liabilities	N/A	N/A	3	4	64	9	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Trade Receivables	24	124	192	271	217	313	286
Trade Payables	33	110	196	128	157	93	125
Net Working Capital	0	0	-3	-4	-64	-9	0
Net Working Capital % of Revenue	0.0%	0.0%	-0.1%	-0.1%	-1.6%	-0.2%	0.0%
Trade Working Capital	-9	14	-3	142	61	220	161
Trade Working Capital % of Revenue	-0.5%	0.7%	-0.1%	4.7%	1.5%	4.2%	2.8%
Change in Trade Working Capital	N/A	23	-17	146	-82	159	-59
Turnover & efficiency
Inventory Turnover	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Receivables Turnover	75.07x	15.12x	15.61x	11.15x	18.71x	16.68x	20.44x
Days Sales Outstanding (DSO)	4.9	24.1	23.4	32.7	19.5	21.9	17.9
Payables Turnover	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Days Payable Outstanding (DPO)	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash Conversion Cycle	4.9 days	24.1 days	23.4 days	32.7 days	19.5 days	21.9 days	17.9 days
Asset Turnover	1.28x	1.55x	2.39x	2.35x	3.07x	2.98x	2.20x
Cash flow & dividends
Operating Cash Flow	N/A	-310	-183	-119	46	275	929
Free Cash Flow (OCF − Capex proxy)	N/A	-310	-183	-119	46	275	929
Cash Conversion (OCF / EBITDA)	N/A	-49.7%	-40.3%	-16.0%	6.2%	24.9%	51.0%
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