D-MARKET Electronic Services & Trading ADR (HEPS) — Defensive Interval Ratio

Latest as of September 2025: 89 days

D-MARKET Electronic Services & Trading ADR (HEPS) has a Defensive Interval Ratio of 89 days as of September 2025. Defensive assets of $7.44 Billion (cash $-, short-term investments $1.91 Billion, receivables $5.53 Billion) cover 89 days of daily cash needs of $83.50 Million/day. Check HEPS tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

89 days
Days of operational coverage

Defensive Assets

$7.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$83.50 Million
Current Liabilities ÷ 365

Current Liabilities

$30.48 Billion
USD

D-MARKET Electronic Services & Trading ADR Defensive Interval Ratio (2018–2024)

This chart shows how D-MARKET Electronic Services & Trading ADR's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 89 days, meaning defensive assets of $7.44 Billion can fund 89 days of operations without new revenue. Also explore HEPS net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for D-MARKET Electronic Services & Trading ADR (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for D-MARKET Electronic Services & Trading ADR from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see D-MARKET Electronic Services & Trading A market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 127 days $7.50 Billion $59.14 Million/day $- $2.38 Billion ▲ +7 days
2023 120 days $6.45 Billion $53.98 Million/day $- $2.49 Billion ▲ +71 days
2022 49 days $1.71 Billion $34.97 Million/day $- $28.93 Million ▼ -62 days
2021 111 days $2.49 Billion $22.51 Million/day $- $1.90 Billion ▲ +81 days
2020 30 days $214.75 Million $7.28 Million/day $- $0.00 ▼ -5 days
2019 34 days $113.59 Million $3.31 Million/day $- $- ▲ +11 days
2018 23 days $57.30 Million $2.44 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)