შპს ქალამანი

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	40.3%	39.2%	33.7%	37.0%	45.7%	47.2%	41.7%
EBITDA Margin	9.4%	14.0%	6.9%	9.4%	20.6%	16.9%	6.3%
EBITDAR	567	759	432	667	1,603	1,731	1,239
EBITDAR Margin	20.3%	24.1%	16.1%	19.0%	29.5%	25.5%	16.1%
EBIT Margin	9.3%	13.8%	6.7%	9.1%	20.4%	16.6%	6.2%
Net Profit Margin	3.0%	6.2%	-1.3%	7.2%	19.4%	11.5%	3.0%
Operating Expense % of Sales	30.8%	25.2%	26.8%	27.6%	25.1%	30.3%	35.3%
Returns
Return on Assets (ROA)	7.0%	18.2%	-2.5%	17.4%	52.4%	38.3%	5.9%
Return on Equity (ROE)	29.5%	56.5%	-20.1%	76.8%	89.4%	61.6%	35.3%
ROIC [EBIT / Invested Capital]	24.8%	45.6%	16.7%	25.9%	78.1%	70.2%	20.4%
Leverage & liquidity
Debt-to-Assets	72.7%	59.9%	82.8%	68.7%	34.1%	28.1%	50.9%
Debt-to-Equity	3.04x	1.86x	6.70x	3.02x	0.58x	0.45x	3.07x
Debt-to-EBITDA	3.29x	1.46x	6.45x	3.01x	0.61x	0.50x	4.17x
Equity-to-Assets	23.9%	32.2%	12.4%	22.7%	58.7%	62.1%	16.6%
Net Debt	754	607	898	906	239	346	1,661
Cash & Equivalents	113	36	297	87	448	225	375
Total Debt	867	643	1,195	993	687	571	2,036
Efficiency & working capital
Inventory Turnover	N/A	2.05x	1.74x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	178.3	209.3	N/A	N/A	N/A	N/A
Receivables Turnover	25.31x	41.02x	56.53x	155.85x	366.91x	179.98x	7.53x
Days Sales Outstanding (DSO)	14.4	8.9	6.5	2.3	1.0	2.0	48.5
Payables Turnover	41.48x	47.98x	63.01x	40.86x	44.90x	36.39x	3.63x
Days Payable Outstanding (DPO)	8.8	7.6	5.8	8.9	8.1	10.0	100.6
Cash Conversion Cycle	5.6 days	179.6 days	209.9 days	-6.6 days	-7.1 days	-8.0 days	-52.1 days
Asset Turnover	2.34x	2.93x	1.86x	2.43x	2.70x	3.34x	1.93x
Cash flow & dividends
Operating Cash Flow	N/A	60	43	103	707	778	-391
Free Cash Flow (OCF − Capex proxy)	N/A	60	43	103	707	778	-391
Cash Conversion (OCF / EBITDA)	N/A	13.7%	23.2%	31.4%	63.0%	67.9%	-80.2%
Dividends Declared	N/A	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	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