What is Grayscale Decentralized Finance (DeFi) Fund LLC Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grayscale Decentralized Finance (DeFi) Fund LLC's interest expense for the
three
months ended in Mar. 2024 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.
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. Grayscale Decentralized Finance (DeFi) Fund LLC's Operating Income for the
three
months ended in Mar. 2024 was $ 2.48 Mil. Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Expense for the
three
months ended in Mar. 2024 was $ 0.00 Mil.
Grayscale Decentralized Finance (DeFi) Fund LLC has no long-term debt (1).
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
(1) Note: An indication of "no long-term 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 Expense Historical Data
The historical data trend for Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Expense 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.
Grayscale Decentralized Finance (DeFi) Fund LLC Interest Expense Chart
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Grayscale Decentralized Finance (DeFi) Fund LLC Annual Data
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Grayscale Decentralized Finance (DeFi) Fund LLC Quarterly Data
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Grayscale Decentralized Finance (DeFi) Fund LLC Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.
* 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.
Grayscale Decentralized Finance (DeFi) Fund LLC (OTCPK:DEFG) Interest Expense Explanation
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. The higher, the better.
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 Expense for the
three
months ended in Mar. 2024 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $2.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $0.00 Mil.
Grayscale Decentralized Finance (DeFi) Fund LLC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| Grayscale Decentralized Finance (DeFi) Fund LLC had no long-term 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.
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.
Grayscale Decentralized Finance (DeFi) Fund LLC (Grayscale Decentralized Finance (DeFi) Fund LLC) Business Description
Traded in Other Exchanges
N/A
Address
290 Harbor Drive, 4th Floor, Stamford, CT, USA, 06902
Grayscale Decentralized Finance (DeFi) Fund LLC seeks to provide investors with exposure to a selection of industry decentralized finance platforms through a market cap-weighted portfolio designed to track the CoinDesk DeFi Select Index. DeFi Fund holds the liquid digital assets that meet certain trading and custody requirements and are classified in the DeFi sector defined by CoinDesk Digital Asset Classification Standard.
Grayscale Decentralized Finance (DeFi) Fund LLC (Grayscale Decentralized Finance (DeFi) Fund LLC) Headlines
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