DFDV (DeFi Development) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2024)

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What is DeFi Development Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. DeFi Development's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.00 Mil. DeFi Development's average total debt for the quarter that ended in Dec. 2024 was $0.02 Mil. Therefore, DeFi Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.00%.

DeFi Development Effective Interest Rate on Debt % Historical Data

The historical data trend for DeFi Development's Effective Interest Rate on Debt % 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.

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DeFi Development Effective Interest Rate on Debt % Chart

DeFi Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

DeFi Development Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Competitive Comparison of DeFi Development's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, DeFi Development's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, DeFi Development's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where DeFi Development's Effective Interest Rate on Debt % falls into.

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DeFi Development Effective Interest Rate on Debt % Calculation

DeFi Development's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * 0	/	( (0.067	+	0.014)	/ 2 )
=	-1 * 0	/	0.0405
=	0.00 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.014	+	0.053
=	0.067

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.014
=	0.014

DeFi Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * 0	/	( (0.028	+	0.014)	/ 2 )
=	-1 * 0	/	0.021
=	0.00 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.028
=	0.028

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.014
=	0.014

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

DeFi Development (NAS:DFDV) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

DeFi Development Effective Interest Rate on Debt % Related Terms

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DeFi Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DeFi Development Corp (NAS:DFDV) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

F6S0:Germany

Address

6401 Congress Avenue, Suite 250, Boca Raton, FL, USA, 33487

Website

https://www.janover.co

Janover Inc is a B2B fintech marketplace providing a platform for commercial property borrowers and lenders. It provides a technology platform that connects commercial mortgage borrowers looking for debt to refinance, build, or buy commercial property including apartment buildings to commercial property lenders including banks, credit unions, REITs, debt funds, and more looking to deploy capital into commercial mortgages. The firm caters to two consumer segments: lenders and borrowers. It derives the majority of its revenue from platform fees and subscription revenue.

Executives

Blake Janover	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487
Marcelo Lemos	director	6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487
Bruce S Rosenbloom	officer: CHIEF FINANCIAL OFFICER	6401 CONGRESS AVENUE, SUITE 250, BOCA RATON FL 33487
Samuel Drayton Haskell	director	6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487
William J Caragol	director	1690 SOUTH CONGRESS AVENUE, SUITE 200, DELRAY BEACH FL 33445
Ned L Siegel	director	600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Patrick Stinus	officer: Sr. VP and Interim CFO	6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487