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DeFi DevelopmentDFDV -6.17%40 Debt-to-Equity is 12.54 as of Mar. 2026, which is 62600% above its 10-year median of 0.02. GuruFocus rates DFDV with a GF Score™ of 40/100 and a GF Value™ of $2.64 (Fairly Valued). The stock has 6 warning signs investors should review. Among 961 Asset Management companies, DeFi Development ranks worse than 98.96% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for DeFi Development's Debt-to-Equity or its related term are showing as below:
DFDV'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.64 Med: 0.02 Max: 12.54
Current: 12.54
During the past 6 years, the highest Debt-to-Equity Ratio of DeFi Development was 12.54. The lowest was -0.64. And the median was 0.02.
DFDV's Debt-to-Equity is ranked worse than 98.96% of 961
companies
in the Asset Management industry
Industry Median: 0.21
vs DFDV: 12.54
DeFi Development (NAS:DFDV) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
DeFi Development Debt-to-Equity Related Terms
DeFi Development Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for DeFi Development's Debt-to-Equity 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.
For the Asset Management subindustry, DeFi Development's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
DeFi Development Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DeFi Development's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DeFi Development's Debt-to-Equity falls into.
* 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.
DeFi Development (DFDV) has a Debt-to-Equity of 12.54 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DeFi Development and its competitors. This is 62600% above median its historical median of 0.02. According to the industry distribution chart, DeFi Development ranks #951 out of 961 companies in the Asset Management industry, placing it in the top 99%.
Is DeFi Development's Debt-to-Equity too high?
DeFi Development's current Debt-to-Equity of 12.54 is 62600% above median its 10-year median of 0.02. The Asset Management industry median Debt-to-Equity is 0.21. DeFi Development's value of 12.54 is 5871.4% above this industry median. Based on the distribution chart, DeFi Development ranks #951 out of 961 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, DeFi Development has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DeFi Development's Debt-to-Equity compare to HNNA and PFX?
According to the Asset Management industry distribution chart, DeFi Development ranks #951 out of 961 companies for Debt-to-Equity. This places DeFi Development in the lower half of its industry. The industry median Debt-to-Equity is 0.21. DeFi Development's value of 12.54 is 5871.4% above this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.21, DeFi Development has consistently been above 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 Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DeFi Development's current Debt-to-Equity of 12.54 is 5871.4% above 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DeFi Development and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Development's current Debt-to-Equity is 12.54, which is 62600% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Development stock overvalued right now?
Based on GuruFocus' analysis, DeFi Development (DFDV) is currently considered Fairly Valued. The stock's GF Value™ is $2.64, compared to a current price of $2.89 — trading 9.3% above its estimated fair value. The current Debt-to-Equity is 12.54, which is 62600% above median its 10-year median of 0.02 and 5871.4% above the Asset Management industry median of 0.21. DeFi Development's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For DeFi Development (DFDV), the current Debt-to-Equity is 12.54 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 DeFi Development (DFDV) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Development stock appears to be overvalued.
The current stock price of $2.89 is trading 9.3% above its estimated GF Value™ of $2.64.
GuruFocus considers DeFi Development to be Fairly Valued.
Key valuation signals for DFDV:
Debt-to-Equity: 12.54 (62600% above median its 10-year median of 0.02)
GF Value™: $2.64 vs. price of $2.89 (9.3% above fair value)
Industry Position: 5871.4% above the Asset Management median (#951 of 961)
No single metric tells the full story. See the DFDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Development Corp is a U.S. company committed to building its treasury around Solana (SOL), a fast-growing blockchain infrastructure platform. This equity delivers shareholders tangible exposure to SOL price movement and staking rewards, making the firm a proxy for the Solana ecosystem. The treasury extends to running its own validator infrastructure, allowing DFDV to actively participate in and benefit from the Solana network expansion. The firm has two segments: Digital Asset Treasury ("Treasury") and Real Estate Platform ("Real Estate"). The company generates the majority of its revenue from the Treasury segment.
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