შპს მუსიკ რუმ

Ratio	2022	2023	2024
Margins
Gross Margin	37.1%	38.6%	41.4%
EBITDA Margin	22.1%	18.6%	13.1%
EBITDAR	564	697	633
EBITDAR Margin	24.2%	21.1%	15.9%
EBIT Margin	21.9%	18.4%	12.9%
Net Profit Margin	21.4%	17.5%	11.7%
Operating Expense % of Sales	15.0%	20.1%	28.3%
Returns
Return on Assets (ROA)	46.7%	40.6%	27.3%
Return on Equity (ROE)	58.3%	46.6%	32.9%
ROIC [EBIT / Invested Capital]	77.8%	61.8%	43.4%
Leverage & liquidity
Debt-to-Assets	0.9%	0.5%	4.4%
Debt-to-Equity	0.01x	0.01x	0.05x
Debt-to-EBITDA	0.02x	0.01x	0.14x
Equity-to-Assets	80.1%	87.1%	82.9%
Net Debt	-197	-257	-233
Cash & Equivalents	207	264	307
Total Debt	10	8	74
Efficiency & working capital
Inventory Turnover	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	N/A
Receivables Turnover	5.23x	8.43x	11.59x
Days Sales Outstanding (DSO)	69.8	43.3	31.5
Payables Turnover	13.01x	19.38x	21.67x
Days Payable Outstanding (DPO)	28.1	18.8	16.8
Cash Conversion Cycle	41.7 days	24.5 days	14.7 days
Asset Turnover	2.18x	2.32x	2.33x
Cash flow & dividends
Operating Cash Flow	140	57	43
Free Cash Flow (OCF − Capex proxy)	140	57	43
Cash Conversion (OCF / EBITDA)	27.1%	9.3%	8.3%
Dividends Declared	N/A	N/A	N/A
Dividend Payout Ratio	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