DeFi Development Corp. (DFDV) - Net Assets
Based on the latest financial reports, DeFi Development Corp. (DFDV) has net assets worth $99.26 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($307.41 Million) and total liabilities ($208.15 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check DeFi Development Corp. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $99.26 Million |
| % of Total Assets | 32.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | 23572.69% |
| 10-Year Change | N/A |
| Growth Volatility | 1120.38 |
DeFi Development Corp. - Net Assets Trend (2020–2025)
This chart illustrates how DeFi Development Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore DFDV total assets for the complete picture of this company's asset base.
Annual Net Assets for DeFi Development Corp. (2020–2025)
The table below shows the annual net assets of DeFi Development Corp. from 2020 to 2025. For live valuation and market cap data, see DeFi Development Corp. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $99.26 Million | +2734.46% |
| 2024-12-31 | $3.50 Million | -39.79% |
| 2023-12-31 | $5.82 Million | +1007.01% |
| 2022-12-31 | $525.38K | +25.30% |
| 2021-12-31 | $419.31K | +412.66% |
| 2020-12-31 | $-134.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to DeFi Development Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9163889100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-27.00K | -0.03% |
| Other Components | $191.06 Million | 192.48% |
| Total Equity | $99.26 Million | 100.00% |
DeFi Development Corp. Competitors by Market Cap
The table below lists competitors of DeFi Development Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Richmond International Travel & Tours Co Ltd
TWO:2743
|
$105.02 Million |
|
Atinum Investment Co. Ltd
KQ:021080
|
$105.04 Million |
|
Kortek Corporation
KQ:052330
|
$105.04 Million |
|
RS Automation Co.Ltd
KQ:140670
|
$105.06 Million |
|
EcoGraf Ltd
F:FMK
|
$104.94 Million |
|
Ever Ohms Technology Co. Ltd.
TW:6834
|
$104.80 Million |
|
KG Mobilians Co. Ltd
KQ:046440
|
$104.80 Million |
|
BH Macro Limited
LSE:BHMU
|
$104.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DeFi Development Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,501,931 to 99,261,000, a change of 95,759,069 (2734.5%).
- Net loss of 73,788,000 reduced equity.
- Share repurchases of 87,156,000 reduced equity.
- New share issuances of 134,685,000 increased equity.
- Other comprehensive income decreased equity by 27,000.
- Other factors increased equity by 122,045,069.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-73.79 Million | -74.34% |
| Share Repurchases | $87.16 Million | -87.8% |
| Share Issuances | $134.69 Million | +135.69% |
| Other Comprehensive Income | $-27.00K | -0.03% |
| Other Changes | $122.05 Million | +122.95% |
| Total Change | $- | 2734.46% |
Book Value vs Market Value Analysis
This analysis compares DeFi Development Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.02 | $4.55 | x |
| 2021-12-31 | $0.05 | $4.55 | x |
| 2022-12-31 | $0.06 | $4.55 | x |
| 2023-12-31 | $0.79 | $4.55 | x |
| 2024-12-31 | $0.36 | $4.55 | x |
| 2025-12-31 | $5.38 | $4.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DeFi Development Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -74.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -648.06%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 3.10x
- Recent ROE (-74.34%) is above the historical average (-139.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 20.43% | 2.11x | 0.00x | $332.44K |
| 2021 | -385.76% | -81.63% | 1.07x | 4.43x | $-1.66 Million |
| 2022 | -240.15% | -58.66% | 1.61x | 2.54x | $-1.31 Million |
| 2023 | -58.01% | -168.42% | 0.30x | 1.15x | $-3.96 Million |
| 2024 | -77.87% | -129.87% | 0.48x | 1.25x | $-3.08 Million |
| 2025 | -74.34% | -648.06% | 0.04x | 3.10x | $-83.71 Million |
Industry Comparison
This section compares DeFi Development Corp.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DeFi Development Corp. (DFDV) | $99.26 Million | 0.00% | 2.10x | $105.01 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About DeFi Development Corp.
DeFi Development Corp. focuses on building its treasury around Solana (SOL). SOL is a blockchain infrastructure platform. The company operates through two segments, Digital Asset Treasury and Real Estate Platform. The Digital Asset Treasury segment executes and manages its treasury policy for the purpose of purchasing, holding, and compounding its digital asset holdings through staking and operat… Read more