შპს მარნისკარი

Ratio	2018	2019
Margins
Gross Margin	41.4%	35.5%
EBITDA Margin	24.8%	23.6%
EBITDAR	3,831	4,186
EBITDAR Margin	27.4%	26.6%
EBIT Margin	21.8%	21.8%
Net Profit Margin	20.6%	20.4%
Operating Expense % of Sales	16.6%	11.9%
Returns
Return on Assets (ROA)	13.7%	12.9%
Return on Equity (ROE)	28.7%	25.8%
ROIC [EBIT / Invested Capital]	17.6%	16.6%
Leverage & liquidity
Debt-to-Assets	35.6%	37.7%
Debt-to-Equity	0.75x	0.76x
Debt-to-EBITDA	2.15x	2.54x
Equity-to-Assets	47.8%	49.8%
Net Debt	7,272	8,210
Cash & Equivalents	169	1,224
Total Debt	7,441	9,434
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	1.58x	1.19x
Days Sales Outstanding (DSO)	230.6	307.8
Payables Turnover	2.62x	3.48x
Days Payable Outstanding (DPO)	139.2	105.0
Cash Conversion Cycle	91.4 days	202.8 days
Asset Turnover	0.67x	0.63x
Cash flow & dividends
Operating Cash Flow	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	N/A
Dividends Declared	N/A	N/A
Dividend Payout Ratio	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