Carexpress (შპს ქარექსპრესსი)

panel 2026-09-21Ask

as filed · GEL, thousands

financial ratiosXLSX

Ratio	2017	2018	2019	2020	2021	2022	2023
Margins
Gross Margin	2.3%	2.4%	0.2%	1.8%	4.2%	0.1%	0.6%
EBITDA Margin	1.3%	1.1%	-1.5%	-1.3%	-1.1%	-3.0%	-2.1%
EBITDAR	638	1,261	-2,705	-1,042	-963	-2,454	-2,551
EBITDAR Margin	1.3%	1.1%	-1.4%	-1.1%	-0.9%	-2.7%	-2.0%
EBIT Margin	1.3%	1.1%	-1.5%	-1.4%	-1.2%	-3.0%	-2.1%
Net Profit Margin	0.5%	1.0%	-1.7%	-1.0%	-1.1%	-2.1%	1.9%
Operating Expense % of Sales	1.0%	1.3%	1.7%	3.2%	5.3%	3.2%	2.7%
Returns
Return on Assets (ROA)	1.5%	3.9%	-16.7%	-8.1%	-3.6%	-5.8%	13.3%
Return on Equity (ROE)	N/A	141.5%	N/A	N/A	N/A	N/A	N/A
ROIC [EBIT / Invested Capital]	N/A	164.4%	N/A	N/A	N/A	N/A	N/A
Leverage & debt balances
Debt-to-Assets	0.8%	1.6%	0.3%	0.6%	5.4%	6.9%	5.3%
Debt-to-Equity	-0.77x	0.57x	-0.02x	-0.02x	-0.28x	-0.28x	-0.19x
Debt-to-EBITDA	0.20x	0.36x	N/A	N/A	N/A	N/A	N/A
Equity-to-Assets	-1.1%	2.8%	-14.6%	-33.7%	-19.0%	-24.4%	-28.2%
Net Debt	-73	-25	-2,359	-1,705	893	1,967	673
Cash & Equivalents	202	479	2,426	1,774	832	265	333
Total Debt	130	454	68	68	1,725	2,232	1,006
Liquidity & working capital
Current Ratio	0.97x	1.02x	0.86x	0.73x	0.83x	0.85x	0.80x
Quick Ratio	0.97x	1.02x	0.86x	0.70x	0.82x	0.83x	0.78x
Cash Ratio	0.01x	0.02x	0.11x	0.11x	0.02x	0.01x	0.01x
Total Current Assets	15,672	28,468	19,106	11,652	31,538	32,320	18,790
Total Current Liabilities	16,138	27,906	22,293	15,963	37,866	38,180	23,353
Inventory	N/A	N/A	N/A	434	630	546	546
Trade Receivables	1,250	3,541	2,900	5,067	4,214	5,012	789
Trade Payables	164	89	102	125	598	439	921
Net Working Capital	-466	562	-3,187	-4,312	-6,328	-5,859	-4,563
Net Working Capital % of Revenue	-0.9%	0.5%	-1.6%	-4.6%	-6.1%	-6.5%	-3.5%
Trade Working Capital	1,087	3,452	2,799	5,376	4,246	5,118	414
Trade Working Capital % of Revenue	2.2%	3.0%	1.4%	5.7%	4.1%	5.7%	0.3%
Change in Trade Working Capital	N/A	2,365	-653	2,577	-1,130	872	-4,704
Turnover & efficiency
Inventory Turnover	N/A	N/A	N/A	211.68x	158.79x	165.63x	236.93x
Days Inventory Outstanding (DIO)	N/A	N/A	N/A	1.7	2.3	2.2	1.5
Receivables Turnover	39.31x	32.37x	67.15x	18.46x	24.80x	18.05x	164.80x
Days Sales Outstanding (DSO)	9.3	11.3	5.4	19.8	14.7	20.2	2.2
Payables Turnover	293.48x	1255.46x	1914.16x	735.32x	167.47x	205.79x	140.42x
Days Payable Outstanding (DPO)	1.2	0.3	0.2	0.5	2.2	1.8	2.6
Cash Conversion Cycle	8.0 days	11.0 days	5.2 days	21.0 days	14.8 days	20.7 days	1.2 days
Asset Turnover	3.08x	3.99x	9.98x	7.80x	3.29x	2.78x	6.84x
Cash flow & dividends
Operating Cash Flow	140	165	3,216	-413	-2,577	-1,282	947
Free Cash Flow (OCF − Capex proxy)	140	164	3,023	-429	-942	-566	68
Cash Conversion (OCF / EBITDA)	21.9%	13.1%	N/A	N/A	N/A	N/A	N/A
Dividends Declared	0	100	122	223	0	0	0
Dividend Payout Ratio	0.0%	8.9%	N/A	N/A	N/A	N/A	0.0%

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.

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