Atlantic Georgia (შპს ატლანტიკ საქართველო)

panel 2026-09-21Ask

as filed · GEL, thousands

financial ratiosXLSX

Ratio	2017	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	N/A	-34.5%	0.6%	8.3%	9.9%	0.4%	1.1%	15.0%
EBITDA Margin	N/A	-92.0%	-18.4%	-9.8%	-6.1%	-13.8%	-10.5%	-0.0%
EBITDAR	-2,693	-13,559	-5,437	-3,074	-3,079	-8,428	-5,622	-7
EBITDAR Margin	N/A	-92.0%	-18.4%	-9.8%	-6.1%	-13.8%	-10.5%	-0.0%
EBIT Margin	N/A	-94.5%	-20.5%	-12.0%	-7.5%	-15.1%	-12.2%	-1.6%
Net Profit Margin	N/A	-103.5%	-20.4%	-26.5%	-6.2%	-13.7%	-16.5%	-3.0%
Operating Expense % of Sales	N/A	57.6%	18.9%	18.1%	16.0%	14.2%	11.6%	15.0%
Returns
Return on Assets (ROA)	-25.4%	-26.8%	-10.8%	-14.6%	-4.2%	-10.2%	-10.9%	-3.0%
Return on Equity (ROE)	-31.1%	-32.5%	-14.8%	-15.9%	-4.7%	-14.4%	-17.9%	-3.7%
ROIC [EBIT / Invested Capital]	-7.3%	-31.0%	-11.8%	-7.6%	-5.9%	-13.4%	-9.1%	-1.9%
Leverage & debt balances
Debt-to-Assets	8.2%	0.0%	18.7%	0.0%	0.1%	15.6%	30.8%	12.4%
Debt-to-Equity	0.10x	0.00x	0.26x	0.00x	0.00x	0.22x	0.51x	0.16x
Debt-to-EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Equity-to-Assets	81.6%	82.4%	73.0%	91.3%	88.8%	71.2%	61.0%	78.9%
Net Debt	1,568	-1,971	10,232	-2,662	-1,946	10,941	22,108	4,048
Cash & Equivalents	2,040	1,971	215	2,662	2,047	1,806	2,823	3,446
Total Debt	3,608	N/A	10,447	N/A	101	12,747	24,931	7,494
Liquidity & working capital
Current Ratio	0.96x	2.05x	1.30x	6.69x	5.09x	1.69x	1.31x	4.75x
Quick Ratio	0.47x	0.84x	0.80x	3.49x	2.09x	0.75x	0.53x	3.70x
Cash Ratio	0.30x	0.23x	0.02x	0.86x	0.28x	0.08x	0.09x	0.27x
Total Current Assets	6,476	17,708	17,840	20,629	36,603	38,042	40,489	60,241
Total Current Liabilities	6,719	8,654	13,671	3,082	7,198	22,447	30,828	12,695
Inventory	3,291	10,409	6,923	9,879	21,553	21,113	24,199	13,236
Trade Receivables	N/A	5,044	10,002	7,817	12,621	14,162	12,945	10,721
Trade Payables	3,097	8,644	3,211	3,063	6,976	9,745	5,701	5,169
Net Working Capital	-243	9,054	4,169	17,547	29,405	15,595	9,661	47,546
Net Working Capital % of Revenue	N/A	61.4%	14.1%	56.0%	57.9%	25.5%	18.1%	80.0%
Trade Working Capital	194	6,809	13,714	14,633	27,198	25,530	31,443	18,788
Trade Working Capital % of Revenue	N/A	46.2%	46.4%	46.7%	53.5%	41.8%	58.8%	31.6%
Change in Trade Working Capital	N/A	6,615	6,905	919	12,565	-1,668	5,913	-12,655
Turnover & efficiency
Inventory Turnover	N/A	1.90x	4.25x	2.91x	2.12x	2.88x	2.19x	3.82x
Days Inventory Outstanding (DIO)	N/A	191.8	86.0	125.4	171.8	126.7	167.0	95.5
Receivables Turnover	N/A	2.92x	2.96x	4.01x	4.03x	4.31x	4.13x	5.55x
Days Sales Outstanding (DSO)	N/A	124.9	123.5	91.0	90.7	84.6	88.4	65.8
Payables Turnover	N/A	2.29x	9.15x	9.39x	6.56x	6.24x	9.28x	9.78x
Days Payable Outstanding (DPO)	N/A	159.2	39.9	38.9	55.6	58.5	39.3	37.3
Cash Conversion Cycle	N/A	157.5 days	169.6 days	177.5 days	206.9 days	152.8 days	216.1 days	124.0 days
Asset Turnover	0.00x	0.26x	0.53x	0.55x	0.68x	0.75x	0.66x	0.99x
Cash flow & dividends
Operating Cash Flow	-6,227	-16,849	-8,463	-1,153	-13,030	-2,010	-4,919	19,407
Free Cash Flow (OCF − Capex proxy)	-6,227	-23,005	-11,633	-3,163	-19,168	-12,829	-9,126	17,256
Cash Conversion (OCF / EBITDA)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Declared	0	0	0	0	0	0	0	0
Dividend Payout Ratio	N/A	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.

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