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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 Technologies's Debt-to-Equity or its related term are showing as below:
FRA:R9B'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.58 Max: 6.52
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of DeFi Technologies was 6.52. The lowest was 0.02. And the median was 0.58.
FRA:R9B's Debt-to-Equity is ranked better than 93.1% of 609
companies
in the Capital Markets industry
Industry Median: 0.32
vs FRA:R9B: 0.02
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 Technologies Debt-to-Equity Related Terms
DeFi Technologies Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for DeFi Technologies'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.
FRA:R9B vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, DeFi Technologies'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 Technologies Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DeFi Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DeFi Technologies'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 Technologies (FRA:R9B) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DeFi Technologies and its competitors. Over the past decade, DeFi Technologies' Debt-to-Equity has ranged from 0.02 to 6.52. According to the industry distribution chart, DeFi Technologies ranks #42 out of 609 companies in the Capital Markets industry, placing it in the top 6.9%.
Is DeFi Technologies' Debt-to-Equity too high?
DeFi Technologies' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 6.52. Based on the distribution chart, DeFi Technologies ranks #42 out of 609 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, DeFi Technologies has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DeFi Technologies' Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, DeFi Technologies ranks #42 out of 609 companies for Debt-to-Equity. This places DeFi Technologies in the top 7% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.32. Historically, DeFi Technologies' own Debt-to-Equity has ranged from 0.02 to 6.52 over the past decade. 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 a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 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. 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 Technologies and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Technologies's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Technologies stock overvalued right now?
Based on GuruFocus' analysis, DeFi Technologies (FRA:R9B) is currently considered Fairly Valued. The stock's GF Value™ is €0.43, compared to a current price of €0.40 — trading 7% below its estimated fair value. The current Debt-to-Equity is 0.00. DeFi Technologies' overall GF Score™ is 49/100 with 9 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 Technologies (FRA:R9B), the current Debt-to-Equity is 0.00 as of Jun. 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 Technologies (FRA:R9B) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Technologies stock appears to be undervalued.
The current stock price of €0.40 is trading 7% below its estimated GF Value™ of €0.43.
GuruFocus considers DeFi Technologies to be Fairly Valued.
Key valuation signals for FRA:R9B:
Debt-to-Equity: 0.00
GF Value™: €0.43 vs. price of €0.40 (7% below fair value)
No single metric tells the full story. See the FRA:R9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation.
49GF Score
Get the complete analysis for FRA:R9B
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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