DFDV (DeFi Development) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


DFDV DeFi Development Corp DFDV
38 GF Score
Price $2.73
GF Value $2.69
Valuation Fairly Valued
! 6 Warning Signs
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What is DeFi Development Interest Coverage?

DeFi Development DFDV +10.98% 38 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates DFDV with a GF Score™ of 38/100 and a GF Value™ of $2.69 (Fairly Valued). The stock has 6 warning signs investors should review. Among 476 Asset Management companies, DeFi Development ranks worse than 210083.82% 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. DeFi Development's Operating Income for the three months ended in Mar. 2026 was $-4.19 Mil. DeFi Development's Interest Expense for the three months ended in Mar. 2026 was $-2.70 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 DeFi Development's Interest Coverage or its related term are showing as below:


DFDV's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 43.13
* 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.


DeFi Development  (NAS:DFDV) 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 .


DeFi Development Interest Coverage Related Terms


DeFi Development Interest Coverage Historical Data

* Premium members only.

The historical data trend for DeFi Development'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.

DeFi Development Interest Coverage Chart

DeFi Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial No Debt N/A N/A 0.00 0.00

DeFi Development Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 0.00

DFDV vs JHI, NIM, GLU: Interest Coverage Comparison

For the Asset Management subindustry, DeFi Development'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.


DeFi Development Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DeFi Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DeFi Development's Interest Coverage falls into.


DFDV
38GF Score
DeFi Development Corp DFDV
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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DeFi Development 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.

DeFi Development's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, DeFi Development's Interest Expense was $-8.93 Mil. Its Operating Income was $-7.63 Mil. And its Long-Term Debt & Capital Lease Obligation was $127.36 Mil.

DeFi Development did not have earnings to cover the interest expense.

DeFi Development's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, DeFi Development's Interest Expense was $-2.70 Mil. Its Operating Income was $-4.19 Mil. And its Long-Term Debt & Capital Lease Obligation was $127.78 Mil.

DeFi Development 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
DeFi Development (DFDV) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DeFi Development and its competitors. According to the industry distribution chart, DeFi Development ranks #999999 out of 476 companies in the Asset Management industry.
Is DeFi Development's Interest Coverage too high?
DeFi Development's current Interest Coverage is 0 (At Loss). Based on the distribution chart, DeFi Development ranks #999999 out of 476 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, DeFi Development has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DeFi Development's Interest Coverage compare to JHI and NIM?
According to the Asset Management industry distribution chart, DeFi Development ranks #999999 out of 476 companies for Interest Coverage. This places DeFi Development in the lower half of its industry. The industry median Interest Coverage is 43.13. 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 43.13, based on 476 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 DeFi Development and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Development's current Interest Coverage is 0 (At Loss). 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 $2.69, compared to a current price of $2.73 — trading 1.5% above its estimated fair value. The current Interest Coverage is 0 (At Loss). DeFi Development's overall GF Score™ is 38/100 with 6 warning signs to review. 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 DeFi Development (DFDV), the current Interest Coverage is 0 (At Loss) 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 $2.73 is trading 1.5% above its estimated GF Value™ of $2.69. GuruFocus considers DeFi Development to be Fairly Valued.

Key valuation signals for DFDV:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $2.69 vs. price of $2.73 (1.5% above fair value)
  • GF Score™: 38/100 with 6 warning signs

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 Business Description

Other Exchanges F6S0:Germany
Address 6401 Congress Avenue, Suite 250, Boca Raton, FL, USA, 33487
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.
38GF Score

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

$2.73
Price
$2.69
GF Value