HEPS (D-MARKET Electronic Services & Trading) Quick Ratio: 0.54 (As of Mar. 2026) — 22% Below Median


HEPS D-MARKET Electronic Services & Trading HEPS
70 GF Score
Price $2.90
GF Value $2.15
Valuation Significantly Overvalued
! 6 Warning Signs
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What is D-MARKET Electronic Services & Trading Quick Ratio?

D-MARKET Electronic Services & Trading HEPS -0.34% 70 Quick Ratio is 0.54 as of Mar. 2026, which is 22% below its 10-year median of 0.69. GuruFocus rates HEPS with a GF Score™ of 70/100 and a GF Value™ of $2.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,132 Retail - Cyclical companies, D-MARKET Electronic Services & Trading ranks worse than 68.9% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. D-MARKET Electronic Services & Trading's quick ratio for the quarter that ended in Mar. 2026 was 0.54.

D-MARKET Electronic Services & Trading has a quick ratio of 0.54. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for D-MARKET Electronic Services & Trading's Quick Ratio or its related term are showing as below:

HEPS' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.69   Max: 1.21
Current: 0.54

During the past 8 years, D-MARKET Electronic Services & Trading's highest Quick Ratio was 1.21. The lowest was 0.24. And the median was 0.69.

HEPS's Quick Ratio is ranked worse than
68.9% of 1132 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs HEPS: 0.54

D-MARKET Electronic Services & Trading  (NAS:HEPS) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


D-MARKET Electronic Services & Trading Quick Ratio Related Terms


D-MARKET Electronic Services & Trading Quick Ratio Historical Data

* Premium members only.

The historical data trend for D-MARKET Electronic Services & Trading's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

D-MARKET Electronic Services & Trading Quick Ratio Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.09 0.85 0.78 0.69 0.63

D-MARKET Electronic Services & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.62 0.53 0.63 0.54

HEPS vs AMZN, BABA, PDD: Quick Ratio Comparison

For the Internet Retail subindustry, D-MARKET Electronic Services & Trading's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


D-MARKET Electronic Services & Trading Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, D-MARKET Electronic Services & Trading's Quick Ratio distribution charts can be found below:

* The bar in red indicates where D-MARKET Electronic Services & Trading's Quick Ratio falls into.


HEPS
70GF Score
D-MARKET Electronic Services & Trading HEPS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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D-MARKET Electronic Services & Trading Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

D-MARKET Electronic Services & Trading's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(695.664-204.692)/782.967
=0.63

D-MARKET Electronic Services & Trading's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(553.589-185.983)/675.148
=0.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.54 mean?
D-MARKET Electronic Services & Trading (HEPS) has a Quick Ratio of 0.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on D-MARKET Electronic Services & Trading and its competitors. This is 22% below median its historical median of 0.69. Over the past decade, D-MARKET Electronic Services & Trading's Quick Ratio has ranged from 0.24 to 1.21. According to the industry distribution chart, D-MARKET Electronic Services & Trading ranks #780 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 68.9%.
Is D-MARKET Electronic Services & Trading's Quick Ratio too high?
D-MARKET Electronic Services & Trading's current Quick Ratio of 0.54 is 22% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.21. The Retail - Cyclical industry median Quick Ratio is 0.87. D-MARKET Electronic Services & Trading's value of 0.54 is 37.9% below this industry median. Based on the distribution chart, D-MARKET Electronic Services & Trading ranks #780 out of 1132 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Quick Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, D-MARKET Electronic Services & Trading ranks #780 out of 1132 companies for Quick Ratio. This places D-MARKET Electronic Services & Trading in the lower half of its industry. The industry median Quick Ratio is 0.87. D-MARKET Electronic Services & Trading's value of 0.54 is 37.9% below this benchmark. Historically, D-MARKET Electronic Services & Trading's own Quick Ratio has ranged from 0.24 to 1.21 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.87, D-MARKET Electronic Services & Trading has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. D-MARKET Electronic Services & Trading's current Quick Ratio of 0.54 is 37.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on D-MARKET Electronic Services & Trading and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-MARKET Electronic Services & Trading's current Quick Ratio is 0.54, which is 22% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-MARKET Electronic Services & Trading stock overvalued right now?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading (HEPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.15, compared to a current price of $2.90 — trading 34.9% above its estimated fair value. The current Quick Ratio is 0.54, which is 22% below median its 10-year median of 0.69 and 37.9% below the Retail - Cyclical industry median of 0.87. D-MARKET Electronic Services & Trading's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For D-MARKET Electronic Services & Trading (HEPS), the current Quick Ratio is 0.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is D-MARKET Electronic Services & Trading (HEPS) Overvalued in 2026?

Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading stock appears to be overvalued. The current stock price of $2.90 is trading 34.9% above its estimated GF Value™ of $2.15. GuruFocus considers D-MARKET Electronic Services & Trading to be Significantly Overvalued.

Key valuation signals for HEPS:

  • Quick Ratio: 0.54 (22% below median its 10-year median of 0.69)
  • GF Value™: $2.15 vs. price of $2.90 (34.9% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 37.9% below the Retail - Cyclical median (#780 of 1132)

No single metric tells the full story. See the HEPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D-MARKET Electronic Services & Trading Business Description

Other Exchanges HEPSD:Kazakhstan8WZ:Germany
Address Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Tower: 2 Floor:2, K2 Sisli, Istanbul, TUR, 34387
D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. It's portfolio offers its retail customers a wide selection of merchandise including electronics and non-electronics (including books, sports, toys, kids and baby products, cosmetics, furniture, etc). The Group derives revenue from the sales of goods, marketplace revenues and other revenues.
70GF Score

Get the complete analysis for HEPS

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.90
Price
$2.15
GF Value