D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Balance Sheet: Assets & Liabilities

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), D-Market Elektronik Hizmetler ve Ticaret A.S. reported total assets of TRY 36.95B and total liabilities of TRY 34.93B. Shareholders' equity was TRY 2.01B, down 39.4% from TRY 3.32B a year earlier. Total debt stood at TRY 1.37B against TRY 13.32B in cash and short-term investments, a net cash position of TRY 11.95B. That puts debt-to-equity at 0.68, compared with 0.67 a year earlier.

D-Market Elektronik Hizmetler ve Ticaret A.S. Balance Sheet Analysis

Values in billions TRY

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) - Annual data in billions TRY
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	11.31	6.75	8.84	7.94	8.68	6.26	0.59	0.28	0.14
Short-Term Investments	2.02	2.38	3.12	2.49	0.03	1.90	0.00	0.00	0.00
Cash & Short-Term Investments	13.32	9.13	11.96	10.43	8.71	8.17	0.59	0.28	0.14
Accounts Receivable	6.24	5.12	6.60	3.96	0.96	0.59	0.21	0.11	0.06
Inventory	8.73	6.00	7.86	5.72	2.95	2.88	0.77	0.37	0.20
Other Current Assets	0.13	0.60	0.06	1.00	0.00	0.19	0.11	0.02	0.02
Total Current Assets	29.67	20.85	27.30	21.11	13.80	11.82	1.69	0.78	0.42
Non-Current Assets
Property, Plant & Equipment (Net)	3.29	2.13	2.79	1.54	1.28	0.66	0.18	0.11	0.16
Long-Term Investments	0.00	0.00	0.09	0.00	0.01	0.00	0.00	0.00	0.00
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	3.87	3.06	4.00	2.68	1.39	0.41	0.09	0.06	0.05
Other Non-Current Assets	0.00	0.10	0.00	0.05	0.00	0.50	0.00	0.01	0.01
Total Non-Current Assets	7.28	5.29	6.92	4.27	2.78	1.56	0.28	0.18	0.22
Total Assets	36.95	26.14	34.22	25.38	16.59	13.39	1.96	0.96	0.64
Current Liabilities
Accounts Payable	25.88	14.97	19.60	15.25	9.70	6.67	1.42	1.01	0.49
Short-Term Debt	0.60	1.65	2.20	0.49	0.02	0.50	0.40	0.05	0.15
Current Portion of Long-Term Debt	0.60	-	1.68	0.26	0.02	0.19	-	-	-
Accrued Liabilities	0.32	-	0.29	0.64	0.10	0.25	0.05	-	-
Deferred Revenue	3.16	2.43	3.19	2.79	1.25	0.43	0.00	0.11	0.06
Other Current Liabilities	0.10	1.63	0.10	0.94	0.12	0.52	0.83	0.03	0.24
Total Current Liabilities	33.39	21.59	28.25	19.70	12.76	8.22	2.66	1.21	0.89
Non-Current Liabilities
Long-Term Debt	0.78	0.58	0.76	0.18	0.02	0.17	0.09	0.06	0.11
Other Non-Current Liabilities	0.42	0.36	0.65	0.43	0.15	0.19	0.00	0.00	0.00
Total Non-Current Liabilities	1.54	1.24	1.62	0.91	0.46	0.36	0.10	0.06	0.11
Total Liabilities	34.93	22.82	29.87	20.61	13.22	8.57	2.75	1.27	1.00
Stockholders' Equity
Common Stock	0.95	0.72	0.94	0.72	0.50	0.30	0.06	0.06	0.05
Retained Earnings	-18.33	-19.16	-25.09	-17.54	-12.10	-1.74	-1.03	-0.56	-0.42
Accumulated Other Comprehensive Income	0.00	1.10	1.44	0.92	-11.62	-4.28	0.00	-0.56	-0.42
Treasury Stock	0.32	-	0.32	0.25	-	-	-	-	-
Additional Paid-in Capital	19.71	20.67	27.37	20.67	14.48	10.53	0.19	0.74	0.44
Shares Outstanding	0.36	-	0.33	0.33	0.33	0.33	-	-	-
Total Stockholders' Equity	2.01	3.32	4.35	4.77	3.37	4.81	-0.79	-0.31	-0.36
Total Liabilities & Equity	36.95	26.14	34.22	25.38	16.59	13.39	1.96	0.96	0.64

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About D-Market Elektronik Hizmetler ve Ticaret A.S. Balance Sheet

How much debt does D-Market Elektronik Hizmetler ve Ticaret A.S. have?

D-Market Elektronik Hizmetler ve Ticaret A.S. had total debt of TRY 1.37B as of Dec 31, 2025, against TRY 13.32B in cash and short-term investments. Its debt-to-equity ratio was 0.68. Total debt was TRY 2.23B a year earlier.

What are D-Market Elektronik Hizmetler ve Ticaret A.S.'s total assets?

D-Market Elektronik Hizmetler ve Ticaret A.S. reported total assets of TRY 36.95B as of Dec 31, 2025, up 41.3% from TRY 26.14B a year earlier. Total liabilities were TRY 34.93B.

What is D-Market Elektronik Hizmetler ve Ticaret A.S.'s shareholders' equity?

D-Market Elektronik Hizmetler ve Ticaret A.S.'s shareholders' equity was TRY 2.01B as of Dec 31, 2025, or about TRY 5.63 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition