შპს ჰერმესი

Ratio	2018	2019	2020	2021	2022
Margins
Gross Margin	13.0%	11.7%	11.6%	10.6%	10.1%
EBITDA Margin	0.0%	1.1%	1.0%	0.9%	1.2%
EBITDAR	21	173	198	219	321
EBITDAR Margin	0.2%	1.5%	1.4%	1.3%	1.7%
EBIT Margin	-0.6%	0.5%	0.5%	0.5%	0.9%
Net Profit Margin	0.0%	0.2%	0.3%	0.2%	0.5%
Operating Expense % of Sales	12.9%	10.5%	10.7%	9.6%	8.9%
Returns
Return on Assets (ROA)	0.2%	1.5%	3.1%	1.9%	5.0%
Return on Equity (ROE)	1.2%	5.1%	6.9%	3.5%	13.7%
ROIC [EBIT / Invested Capital]	-17.6%	11.6%	9.7%	5.3%	15.6%
Leverage & liquidity
Debt-to-Assets	29.5%	23.4%	12.2%	25.6%	33.0%
Debt-to-Equity	1.84x	0.80x	0.27x	0.46x	0.90x
Debt-to-EBITDA	148.74x	2.32x	1.25x	3.33x	2.46x
Equity-to-Assets	16.0%	29.4%	45.3%	55.8%	36.5%
Net Debt	173	103	64	421	431
Cash & Equivalents	192	188	111	88	151
Total Debt	365	291	175	509	582
Efficiency & working capital
Inventory Turnover	N/A	25.51x	31.79x	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	14.3	11.5	N/A	N/A
Receivables Turnover	43.96x	47.00x	39.43x	17.31x	30.48x
Days Sales Outstanding (DSO)	8.3	7.8	9.3	21.1	12.0
Payables Turnover	13.97x	16.92x	20.74x	39.55x	32.14x
Days Payable Outstanding (DPO)	26.1	21.6	17.6	9.2	11.4
Cash Conversion Cycle	-17.8 days	0.5 days	3.1 days	11.9 days	0.6 days
Asset Turnover	8.75x	9.03x	9.98x	8.21x	10.89x
Cash flow & dividends
Operating Cash Flow	N/A	-4	-77	-23	63
Free Cash Flow (OCF − Capex proxy)	N/A	-4	-77	-23	63
Cash Conversion (OCF / EBITDA)	N/A	-3.1%	-54.9%	-15.1%	26.5%
Dividends Declared	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	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