შპს ბერქაი ენდ ბეიაზით

Ratio	2018	2019	2020
Margins
Gross Margin	21.9%	19.9%	31.6%
EBITDA Margin	21.5%	16.3%	27.6%
EBITDAR	538	677	1,185
EBITDAR Margin	21.7%	16.5%	27.9%
EBIT Margin	18.8%	14.8%	26.1%
Net Profit Margin	18.8%	1.6%	-6.3%
Operating Expense % of Sales	0.4%	3.6%	4.0%
Returns
Return on Assets (ROA)	29.9%	2.4%	-4.7%
Return on Equity (ROE)	38.1%	10.1%	-70.2%
ROIC [EBIT / Invested Capital]	38.3%	31.6%	130.0%
Leverage & liquidity
Debt-to-Assets	0.0%	59.5%	24.2%
Debt-to-Equity	0.00x	2.46x	3.63x
Debt-to-EBITDA	0.00x	2.39x	1.17x
Equity-to-Assets	78.3%	24.1%	6.7%
Net Debt	-8	1,278	476
Cash & Equivalents	8	310	898
Total Debt	N/A	1,588	1,374
Liquidity & working capital
Current Ratio	4.01x	59.13x	1.55x
Quick Ratio	1.86x	39.22x	1.55x
Cash Ratio	0.02x	9.74x	0.31x
Total Current Assets	1,358	1,885	4,501
Total Current Liabilities	339	32	2,906
Inventory	726	635	N/A
Trade Receivables	217	626	2,650
Trade Payables	339	32	2,906
Net Working Capital	1,019	1,853	1,595
Net Working Capital % of Revenue	41.1%	45.3%	37.5%
Trade Working Capital	605	1,228	-256
Trade Working Capital % of Revenue	24.4%	30.0%	-6.0%
Change in Trade Working Capital	N/A	624	-1,485
Turnover & efficiency
Inventory Turnover	2.67x	5.17x	N/A
Days Inventory Outstanding (DIO)	136.8	70.6	N/A
Receivables Turnover	11.42x	6.54x	1.60x
Days Sales Outstanding (DSO)	32.0	55.8	227.5
Payables Turnover	5.72x	102.93x	1.00x
Days Payable Outstanding (DPO)	63.8	3.5	364.6
Cash Conversion Cycle	105.0 days	122.9 days	-137.1 days
Asset Turnover	1.58x	1.53x	0.75x
Cash flow & dividends
Operating Cash Flow	-70	2,610	860
Free Cash Flow (OCF − Capex proxy)	-30	1,964	860
Cash Conversion (OCF / EBITDA)	-13.2%	392.1%	73.3%
Dividends Declared	0	0	N/A
Dividend Payout Ratio	0.0%	0.0%	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