TBC Holding (შპს თიბისი ჰოლდინგი)

Ratio	2018	2019	2020	2021	2022	2023
Margins
Gross Margin	N/A	100.0%	100.0%	N/A	N/A	100.0%
EBITDA Margin	N/A	-260470.5%	1432.3%	N/A	N/A	-517066.9%
EBITDAR	-15,896	-12,419	6,295	-1,050	-1,057	-874
EBITDAR Margin	N/A	-260470.5%	1432.3%	N/A	N/A	-517066.9%
EBIT Margin	N/A	-260470.5%	1422.2%	N/A	N/A	-541091.7%
Net Profit Margin	N/A	-2022610.5%	1391.5%	N/A	N/A	523959.2%
Operating Expense % of Sales	N/A	260570.5%	1332.3%	N/A	N/A	517166.9%
Returns
Return on Assets (ROA)	-8.6%	-78.6%	3.8%	-0.9%	0.7%	0.4%
Return on Equity (ROE)	-41.6%	-418.6%	21.0%	-6.9%	5.3%	3.0%
ROIC [EBIT / Invested Capital]	-14.1%	-10.2%	4.0%	-0.5%	-0.6%	-0.4%
Leverage & debt balances
Debt-to-Assets	46.3%	80.9%	81.7%	86.7%	85.9%	87.0%
Debt-to-Equity	2.24x	4.31x	4.48x	6.56x	6.08x	6.71x
Debt-to-EBITDA	N/A	N/A	20.76x	N/A	N/A	N/A
Equity-to-Assets	20.7%	18.8%	18.2%	13.2%	14.1%	13.0%
Net Debt	74,217	98,806	127,210	173,479	171,159	194,909
Cash & Equivalents	12,047	395	3,489	1,374	213	139
Total Debt	86,264	99,201	130,700	174,852	171,373	195,048
Liquidity & working capital
Current Ratio	0.20x	2.77x	74.71x	36.78x	17.61x	17.97x
Quick Ratio	0.20x	2.77x	74.71x	36.78x	17.61x	17.97x
Cash Ratio	0.20x	0.96x	59.98x	22.53x	3.47x	2.47x
Total Current Assets	12,091	1,134	4,346	2,242	1,083	1,007
Total Current Liabilities	61,659	410	58	61	62	56
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Trade Receivables	44	739	857	779	794	795
Trade Payables	61,659	374	58	61	62	56
Net Working Capital	-49,569	724	4,288	2,182	1,021	951
Net Working Capital % of Revenue	N/A	15185.9%	975.5%	N/A	N/A	562952.1%
Trade Working Capital	-61,615	365	798	718	732	739
Trade Working Capital % of Revenue	N/A	7656.0%	181.7%	N/A	N/A	437308.3%
Change in Trade Working Capital	N/A	61,980	433	-81	14	7
Turnover & efficiency
Inventory Turnover	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
Receivables Turnover	N/A	0.01x	0.51x	N/A	N/A	0.00x
Days Sales Outstanding (DSO)	N/A	56576.1	711.4	N/A	N/A	1717268.8
Payables Turnover	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
Cash Conversion Cycle	N/A	56576.1 days	711.4 days	N/A	N/A	1717268.8 days
Asset Turnover	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Cash flow & dividends
Operating Cash Flow	N/A	N/A	-16	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A	-16	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	N/A	-0.3%	N/A	N/A	N/A
Dividends Declared	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

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.

TBC Holding

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