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D-MARKET Electronic Services & Trading (D-MARKET Electronic Services & Trading) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is D-MARKET Electronic Services & Trading Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. D-MARKET Electronic Services & Trading's Operating Income for the three months ended in Dec. 2023 was $-10 Mil. D-MARKET Electronic Services & Trading's Interest Expense for the three months ended in Dec. 2023 was $-34 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


HEPS's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.73
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


D-MARKET Electronic Services & Trading Interest Coverage Historical Data

The historical data trend for D-MARKET Electronic Services & Trading's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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D-MARKET Electronic Services & Trading Interest Coverage Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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D-MARKET Electronic Services & Trading Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 - - - - -

Competitive Comparison of D-MARKET Electronic Services & Trading's Interest Coverage

For the Internet Retail subindustry, D-MARKET Electronic Services & Trading's Interest Coverage, along with its competitors' market caps and Interest Coverage 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's Interest Coverage Distribution in the Retail - Cyclical Industry

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

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



D-MARKET Electronic Services & Trading Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

D-MARKET Electronic Services & Trading's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, D-MARKET Electronic Services & Trading's Interest Expense was $-47 Mil. Its Operating Income was $-26 Mil. And its Long-Term Debt & Capital Lease Obligation was $4 Mil.

D-MARKET Electronic Services & Trading did not have earnings to cover the interest expense.

D-MARKET Electronic Services & Trading's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, D-MARKET Electronic Services & Trading's Interest Expense was $-34 Mil. Its Operating Income was $-10 Mil. And its Long-Term Debt & Capital Lease Obligation was $4 Mil.

D-MARKET Electronic Services & Trading did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


D-MARKET Electronic Services & Trading  (NAS:HEPS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


D-MARKET Electronic Services & Trading Interest Coverage Related Terms

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D-MARKET Electronic Services & Trading (D-MARKET Electronic Services & Trading) Business Description

Traded in Other Exchanges
Address
Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Kule 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. The Group derives revenue from the sales of goods, marketplace revenues, and other revenues.