D-MARKET Electronic Services & Trading ADR (HEPS) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see total assets of D-MARKET Electronic Services & Trading A.
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. See D-MARKET Electronic Services & Trading A current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
| 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 | $- | $- | — |