შპს მარიტელი

Ratio	2020	2021	2022	2023
Margins
Gross Margin	17.4%	17.9%	6.1%	14.2%
EBITDA Margin	7.8%	11.2%	-0.1%	8.8%
EBITDAR	325	501	-10	1,041
EBITDAR Margin	7.8%	11.2%	-0.1%	8.8%
EBIT Margin	7.8%	11.1%	-0.1%	8.8%
Net Profit Margin	2.9%	13.5%	22.8%	8.8%
Operating Expense % of Sales	9.6%	6.8%	6.2%	5.4%
Returns
Return on Assets (ROA)	5.4%	23.2%	48.1%	15.4%
Return on Equity (ROE)	17.8%	41.5%	57.8%	19.7%
ROIC [EBIT / Invested Capital]	47.9%	39.0%	-0.2%	19.7%
Leverage & liquidity
Debt-to-Assets	0.0%	0.0%	0.0%	0.0%
Debt-to-Equity	0.00x	0.00x	0.00x	0.00x
Debt-to-EBITDA	0.00x	0.00x	N/A	0.00x
Equity-to-Assets	30.4%	55.9%	83.3%	77.8%
Net Debt	-12	-180	-35	-2
Cash & Equivalents	12	180	35	2
Total Debt	N/A	N/A	N/A	N/A
Efficiency & working capital
Inventory Turnover	28.88x	11.94x	N/A	N/A
Days Inventory Outstanding (DIO)	12.6	30.6	N/A	N/A
Receivables Turnover	1.95x	2.14x	2.36x	2.02x
Days Sales Outstanding (DSO)	187.5	170.6	154.7	180.7
Payables Turnover	2.64x	3.85x	15.05x	7.24x
Days Payable Outstanding (DPO)	138.1	94.7	24.3	50.4
Cash Conversion Cycle	62.1 days	106.5 days	130.4 days	130.3 days
Asset Turnover	1.84x	1.72x	2.11x	1.74x
Cash flow & dividends
Operating Cash Flow	535	561	-1,481	N/A
Free Cash Flow (OCF − Capex proxy)	12	202	-901	N/A
Cash Conversion (OCF / EBITDA)	164.6%	111.8%	N/A	N/A
Dividends Declared	N/A	N/A	N/A	N/A
Dividend Payout Ratio	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 ₾ '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