M.I. Technics (შპს M.I. Technics)

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
EBITDA Margin	55.3%	69.7%	30.2%	33.1%	59.8%	69.4%	60.1%
EBITDAR	342	525	214	254	536	944	782
EBITDAR Margin	55.3%	69.7%	30.2%	33.1%	59.8%	69.4%	60.1%
EBIT Margin	36.9%	52.4%	11.4%	10.5%	30.9%	47.9%	42.1%
Net Profit Margin	36.9%	52.4%	30.2%	33.1%	30.9%	47.9%	42.1%
Operating Expense % of Sales	44.7%	30.3%	69.8%	66.9%	40.2%	30.6%	39.9%
Returns
Return on Assets (ROA)	11.4%	15.1%	8.5%	9.2%	8.7%	17.5%	13.4%
Return on Equity (ROE)	14.4%	18.0%	8.9%	9.6%	9.5%	18.2%	13.5%
ROIC [EBIT / Invested Capital]	14.8%	20.6%	4.3%	3.8%	9.6%	25.6%	22.0%
Leverage & debt balances
Debt-to-Assets	20.8%	15.9%	4.5%	4.1%	7.8%	3.5%	0.1%
Debt-to-Equity	0.26x	0.19x	0.05x	0.04x	0.08x	0.04x	0.00x
Debt-to-EBITDA	1.22x	0.79x	0.53x	0.44x	0.46x	0.14x	0.00x
Equity-to-Assets	78.8%	83.7%	95.5%	95.3%	92.2%	96.1%	99.7%
Net Debt	-34	-269	-515	-523	-48	-1,026	-1,572
Cash & Equivalents	451	685	628	636	294	1,156	1,575
Total Debt	416	416	113	112	246	130	3
Liquidity & working capital
Current Ratio	0.01x	0.01x	8.53x	7.33x	2.85x	11.08x	144.23x
Quick Ratio	0.01x	0.00x	8.46x	7.30x	2.85x	11.08x	144.23x
Cash Ratio	1.08x	1.64x	5.53x	4.93x	1.19x	7.94x	114.63x
Total Current Assets	4	5	970	945	707	1,615	1,982
Total Current Liabilities	417	417	114	129	248	146	14
Inventory	N/A	5	9	4	N/A	N/A	N/A
Trade Receivables	107	336	329	305	398	455	407
Trade Payables	0	1	0	15	0	3	1
Net Working Capital	-412	-412	856	817	459	1,469	1,968
Net Working Capital % of Revenue	-66.7%	-54.7%	121.1%	106.1%	51.2%	108.0%	151.4%
Trade Working Capital	106	341	338	294	398	452	406
Trade Working Capital % of Revenue	17.2%	45.2%	47.8%	38.2%	44.4%	33.2%	31.2%
Change in Trade Working Capital	N/A	234	-3	-44	104	54	-46
Turnover & efficiency
Inventory Turnover	N/A	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	N/A
Receivables Turnover	5.80x	2.24x	2.15x	2.53x	2.25x	2.99x	3.20x
Days Sales Outstanding (DSO)	63.0	162.9	170.0	144.5	162.2	122.1	114.2
Payables Turnover	N/A	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	N/A
Cash Conversion Cycle	63.0 days	162.9 days	170.0 days	144.5 days	162.2 days	122.1 days	114.2 days
Asset Turnover	0.31x	0.29x	0.28x	0.28x	0.28x	0.37x	0.32x
Cash flow & dividends
Operating Cash Flow	451	234	N/A	N/A	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	451	234	N/A	N/A	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	131.7%	44.6%	N/A	N/A	N/A	N/A	N/A
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 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.

M.I. Technics

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