DEFG (Grayscale Decentralized Finance (DeFi) Fund LLC) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


DEFG Grayscale Decentralized Finance (DeFi) Fund LLC DEFG
36 GF Score
Price $7.49
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What is Grayscale Decentralized Finance (DeFi) Fund LLC Interest Coverage?

Grayscale Decentralized Finance (DeFi) Fund LLC DEFG 36 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates DEFG with a GF Score™ of 36/100. Among 475 Asset Management companies, Grayscale Decentralized Finance (DeFi) Fund LLC ranks better than 99.79% on this metric.

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. Grayscale Decentralized Finance (DeFi) Fund LLC's Operating Income for the three months ended in Mar. 2026 was $-0.90 Mil. Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. Grayscale Decentralized Finance (DeFi) Fund LLC has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Grayscale Decentralized Finance (DeFi) Fund LLC has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

The historical rank and industry rank for Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage or its related term are showing as below:

DEFG' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


DEFG's Interest Coverage is ranked better than
99.79% of 475 companies
in the Asset Management industry
Industry Median: 42.97 vs DEFG: No Debt

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


Grayscale Decentralized Finance (DeFi) Fund LLC  (OTCPK:DEFG) 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 .


Grayscale Decentralized Finance (DeFi) Fund LLC Interest Coverage Related Terms


Grayscale Decentralized Finance (DeFi) Fund LLC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Grayscale Decentralized Finance (DeFi) Fund LLC'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.

Grayscale Decentralized Finance (DeFi) Fund LLC Interest Coverage Chart

Grayscale Decentralized Finance (DeFi) Fund LLC Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Interest Coverage
No Debt No Debt No Debt No Debt

Grayscale Decentralized Finance (DeFi) Fund LLC Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Mar26
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 No Debt No Debt No Debt No Debt No Debt

DEFG vs SVVC, LGCP, BNBX: Interest Coverage Comparison

For the Asset Management subindustry, Grayscale Decentralized Finance (DeFi) Fund LLC'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.


Grayscale Decentralized Finance (DeFi) Fund LLC Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage falls into.


DEFG
36GF Score
Grayscale Decentralized Finance (DeFi) Fund LLC DEFG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Grayscale Decentralized Finance (DeFi) Fund LLC 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.

Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Expense was $0.00 Mil. Its Operating Income was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Grayscale Decentralized Finance (DeFi) Fund LLC had no debt (1).

Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Expense was $0.00 Mil. Its Operating Income was $-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Grayscale Decentralized Finance (DeFi) Fund LLC had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grayscale Decentralized Finance (DeFi) Fund LLC and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Grayscale Decentralized Finance (DeFi) Fund LLC ranks #1 out of 475 companies in the Asset Management industry, placing it in the top 0.2%.
Is Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage too high?
Grayscale Decentralized Finance (DeFi) Fund LLC's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Grayscale Decentralized Finance (DeFi) Fund LLC ranks #1 out of 475 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Grayscale Decentralized Finance (DeFi) Fund LLC has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage compare to SVVC and LGCP?
According to the Asset Management industry distribution chart, Grayscale Decentralized Finance (DeFi) Fund LLC ranks #1 out of 475 companies for Interest Coverage. This places Grayscale Decentralized Finance (DeFi) Fund LLC in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 42.97. Historically, Grayscale Decentralized Finance (DeFi) Fund LLC's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 Interest Coverage for an Asset Management company?
The median Interest Coverage among Asset Management companies is 42.97, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grayscale Decentralized Finance (DeFi) Fund LLC and its competitors. For the Asset Management industry, the median Interest Coverage is 42.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Decentralized Finance (DeFi) Fund LLC's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Decentralized Finance (DeFi) Fund LLC stock overvalued right now?
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Grayscale Decentralized Finance (DeFi) Fund LLC's overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG), the current Interest Coverage is No Debt (1) 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.

Grayscale Decentralized Finance (DeFi) Fund LLC Business Description

Address 290 Harbor Drive, 4th Floor, Stamford, CT, USA, 06902
Grayscale Decentralized Finance (DeFi) Fund LLC is an investment vehicle that invests in and derives value from a basket of decentralized finance applications in the form of a security while avoiding the challenges of buying, storing, and safekeeping DeFi directly. Its investment objective is for the value of the Shares (based on NAV per Share) to reflect the value of the fund components as determined by reference to their respective digital asset reference rates and fund weightings, less the fund's expenses and other liabilities. The fund components consist of the digital assets that make up the DFX (CoinDesk DeFi Select Index) as rebalanced from time to time.
36GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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