შპს რაკო

Ratio	2021	2022	2023	2024
Margins
Gross Margin	23.9%	30.5%	30.2%	28.7%
EBITDA Margin	16.0%	16.7%	22.8%	21.2%
EBITDAR	428	498	1,042	1,410
EBITDAR Margin	16.8%	18.1%	25.0%	23.1%
EBIT Margin	14.7%	15.3%	21.9%	20.4%
Net Profit Margin	13.1%	17.6%	21.3%	20.5%
Operating Expense % of Sales	7.8%	13.8%	7.5%	7.5%
Returns
Return on Assets (ROA)	10.0%	10.4%	14.5%	16.1%
Return on Equity (ROE)	34.7%	45.6%	45.5%	40.1%
ROIC [EBIT / Invested Capital]	21.5%	27.9%	39.4%	33.3%
Leverage & liquidity
Debt-to-Assets	24.5%	15.3%	8.7%	15.3%
Debt-to-Equity	0.85x	0.67x	0.27x	0.38x
Debt-to-EBITDA	2.01x	1.55x	0.56x	0.92x
Equity-to-Assets	28.8%	22.8%	31.8%	40.2%
Net Debt	781	444	361	609
Cash & Equivalents	42	270	171	583
Total Debt	823	714	532	1,192
Efficiency & working capital
Inventory Turnover	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	N/A	N/A
Receivables Turnover	9.71x	6.44x	5.27x	7.14x
Days Sales Outstanding (DSO)	37.6	56.7	69.2	51.1
Payables Turnover	1.24x	0.67x	0.80x	1.26x
Days Payable Outstanding (DPO)	294.0	548.2	457.4	289.8
Cash Conversion Cycle	-256.4 days	-491.5 days	-388.1 days	-238.6 days
Asset Turnover	0.76x	0.59x	0.68x	0.78x
Cash flow & dividends
Operating Cash Flow	N/A	228	-99	411
Free Cash Flow (OCF − Capex proxy)	N/A	228	-99	411
Cash Conversion (OCF / EBITDA)	N/A	49.5%	-10.4%	31.7%
Dividends Declared	N/A	N/A	N/A	N/A
Dividend Payout Ratio	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