Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 0 · FY2022 0 · FY2023 0
Georgian roads construction/maintenance company.
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross Margin | 70.1% | 68.3% | 61.3% | 29.4% | 18.3% | 23.0% |
| EBITDA Margin | -36.8% | 8.0% | 14.8% | -15.2% | -17.6% | -49.4% |
| EBITDAR | -5,313 | 1,483 | 1,416 | -1,622 | -1,540 | -2,077 |
| EBITDAR Margin | -36.5% | 8.2% | 15.1% | -14.6% | -15.7% | -48.4% |
| EBIT Margin | -41.1% | 4.7% | 9.5% | -20.1% | -23.4% | -59.7% |
| Net Profit Margin | -0.2% | 4.3% | 8.2% | -20.5% | -27.9% | -63.2% |
| Operating Expense % of Sales | 106.9% | 60.3% | 46.5% | 44.7% | 35.9% | 72.4% |
| Returns | ||||||
| Return on Assets (ROA) | -0.2% | 6.3% | 6.5% | -21.3% | -20.0% | -22.6% |
| Return on Equity (ROE) | -0.4% | 10.5% | 10.1% | -59.1% | -242.6% | N/A |
| ROIC [EBIT / Invested Capital] | -79.5% | 11.4% | 12.8% | -46.7% | -177.6% | N/A |
| Leverage & debt balances | ||||||
| Debt-to-Assets | 5.5% | 2.3% | 2.1% | 10.3% | 9.6% | 13.9% |
| Debt-to-Equity | 0.09x | 0.04x | 0.03x | 0.29x | 1.16x | -1.05x |
| Debt-to-EBITDA | N/A | 0.19x | 0.18x | N/A | N/A | N/A |
| Equity-to-Assets | 59.9% | 60.3% | 64.2% | 36.0% | 8.2% | -13.2% |
| Net Debt | 514 | 64 | -707 | 915 | 166 | -159 |
| Cash & Equivalents | 127 | 215 | 957 | 190 | 1,148 | 1,826 |
| Total Debt | 640 | 280 | 251 | 1,105 | 1,314 | 1,667 |
| Liquidity & working capital | ||||||
| Current Ratio | 1.49x | 1.55x | 1.78x | 0.72x | 0.61x | 0.49x |
| Quick Ratio | 1.00x | 1.09x | 1.31x | 0.65x | 0.57x | 0.46x |
| Cash Ratio | 0.03x | 0.04x | 0.22x | 0.03x | 0.09x | 0.14x |
| Total Current Assets | 6,553 | 7,407 | 7,622 | 4,762 | 7,537 | 6,463 |
| Total Current Liabilities | 4,412 | 4,789 | 4,273 | 6,627 | 12,341 | 13,306 |
| Inventory | 2,158 | 2,181 | 2,045 | 470 | 502 | 287 |
| Trade Receivables | 2,567 | 3,173 | 2,553 | 3,276 | 4,534 | 3,565 |
| Trade Payables | 2,547 | 3,434 | 2,332 | 4,486 | 9,568 | 9,571 |
| Net Working Capital | 2,142 | 2,618 | 3,349 | -1,865 | -4,803 | -6,844 |
| Net Working Capital % of Revenue | 14.7% | 14.5% | 35.6% | -16.7% | -48.9% | -159.4% |
| Trade Working Capital | 2,178 | 1,921 | 2,266 | -741 | -4,531 | -5,719 |
| Trade Working Capital % of Revenue | 15.0% | 10.6% | 24.1% | -6.7% | -46.1% | -133.2% |
| Change in Trade Working Capital | N/A | -258 | 346 | -3,007 | -3,790 | -1,188 |
| Turnover & efficiency | ||||||
| Inventory Turnover | 2.02x | 2.62x | 1.78x | 16.75x | 15.99x | 11.51x |
| Days Inventory Outstanding (DIO) | 180.7 | 139.1 | 205.1 | 21.8 | 22.8 | 31.7 |
| Receivables Turnover | 5.67x | 5.70x | 3.68x | 3.40x | 2.17x | 1.20x |
| Days Sales Outstanding (DSO) | 64.3 | 64.1 | 99.2 | 107.3 | 168.5 | 303.0 |
| Payables Turnover | 1.71x | 1.67x | 1.56x | 1.75x | 0.84x | 0.35x |
| Days Payable Outstanding (DPO) | 213.3 | 218.9 | 234.0 | 208.2 | 435.1 | 1056.2 |
| Cash Conversion Cycle | 31.8 days | -15.8 days | 70.3 days | -79.2 days | -243.8 days | -721.5 days |
| Asset Turnover | 1.24x | 1.49x | 0.79x | 1.04x | 0.71x | 0.36x |
| Cash flow & dividends | ||||||
| Operating Cash Flow | 682 | 1,415 | 1,522 | 638 | 1,394 | -175 |
| Free Cash Flow (OCF − Capex proxy) | -5,763 | 695 | 815 | -1,380 | 771 | 325 |
| Cash Conversion (OCF / EBITDA) | N/A | 97.7% | 109.4% | N/A | N/A | N/A |
| Dividends Declared | 435 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio | N/A | 0.0% | 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.
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.
Ownership & directors from companyinfo.ge (public corporate registry).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →