Gasservice (შპს გაზსერვისი)

panel 2026-09-21Ask

as filed · GEL, thousands

financial ratiosXLSX

Ratio	2017	2018	2019	2020	2021	2022	2023
Margins
Gross Margin	52.6%	51.8%	47.5%	55.1%	54.2%	26.0%	36.4%
EBITDA Margin	7.9%	14.1%	3.3%	19.2%	12.9%	15.7%	27.3%
EBITDAR	2,648	2,096	488	2,791	2,353	3,499	9,022
EBITDAR Margin	10.3%	15.8%	4.8%	20.6%	14.1%	15.7%	27.3%
EBIT Margin	7.8%	13.9%	2.9%	18.8%	12.6%	15.5%	27.2%
Net Profit Margin	7.9%	13.8%	2.9%	18.8%	11.7%	13.7%	26.0%
Operating Expense % of Sales	44.7%	37.6%	44.2%	35.9%	41.3%	10.3%	9.1%
Returns
Return on Assets (ROA)	14.2%	28.1%	10.4%	50.6%	30.3%	36.4%	57.2%
Return on Equity (ROE)	50.4%	33.9%	21.8%	75.4%	41.6%	50.5%	67.3%
ROIC [EBIT / Invested Capital]	17.0%	34.1%	22.7%	76.1%	45.7%	57.5%	85.7%
Leverage & debt balances
Debt-to-Assets	55.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Debt-to-Equity	1.98x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Debt-to-EBITDA	3.92x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Equity-to-Assets	28.1%	83.0%	47.6%	67.2%	72.7%	72.1%	85.1%
Net Debt	7,799	-7	-50	-32	-105	-24	-2,313
Cash & Equivalents	179	7	50	32	105	24	2,313
Total Debt	7,978	N/A	N/A	N/A	N/A	N/A	N/A
Liquidity & working capital
Current Ratio	1.35x	5.79x	1.79x	2.95x	3.59x	3.53x	6.59x
Quick Ratio	1.35x	5.79x	0.91x	1.95x	2.50x	2.62x	4.95x
Cash Ratio	0.02x	0.01x	0.03x	0.02x	0.06x	0.01x	1.03x
Total Current Assets	12,745	6,383	2,618	4,887	6,312	8,230	14,781
Total Current Liabilities	9,424	1,102	1,466	1,656	1,757	2,333	2,244
Inventory	N/A	N/A	1,288	1,660	1,910	2,128	3,671
Trade Receivables	12,566	4,936	1,280	3,195	4,296	5,836	8,786
Trade Payables	1,445	637	1,003	691	898	1,106	901
Net Working Capital	3,321	5,282	1,152	3,231	4,555	5,897	12,536
Net Working Capital % of Revenue	12.9%	39.9%	11.4%	23.8%	27.3%	26.5%	38.0%
Trade Working Capital	11,120	4,298	1,565	4,164	5,309	6,858	11,557
Trade Working Capital % of Revenue	43.3%	32.5%	15.5%	30.7%	31.8%	30.8%	35.0%
Change in Trade Working Capital	N/A	-6,822	-2,733	2,599	1,145	1,550	4,699
Turnover & efficiency
Inventory Turnover	N/A	N/A	4.12x	3.67x	4.00x	7.73x	5.72x
Days Inventory Outstanding (DIO)	N/A	N/A	88.7	99.5	91.2	47.2	63.8
Receivables Turnover	2.04x	2.68x	7.89x	4.25x	3.88x	3.81x	3.76x
Days Sales Outstanding (DSO)	178.8	136.2	46.3	85.9	94.0	95.7	97.1
Payables Turnover	8.41x	10.01x	5.29x	8.81x	8.52x	14.89x	23.31x
Days Payable Outstanding (DPO)	43.4	36.5	69.0	41.4	42.8	24.5	15.7
Cash Conversion Cycle	135.4 days	99.7 days	65.9 days	144.0 days	142.3 days	118.4 days	145.3 days
Asset Turnover	1.79x	2.04x	3.61x	2.69x	2.59x	2.66x	2.20x
Cash flow & dividends
Operating Cash Flow	153	-172	43	-18	73	1,589	4,211
Free Cash Flow (OCF − Capex proxy)	153	-172	43	-18	73	1,540	4,068
Cash Conversion (OCF / EBITDA)	7.5%	-9.2%	13.0%	-0.7%	3.4%	45.4%	46.7%
Dividends Declared	N/A	N/A	N/A	N/A	0	1,699	1,855
Dividend Payout Ratio	N/A	N/A	N/A	N/A	0.0%	55.8%	21.6%

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.

Gasservice

Shareholders

Directors & board

Key statistics

About

Revenue & margins

Financial statements

Ownership & group structure

Shareholders

Directors & board

Peers