Warrant-coverage calculator API

Venture-debt / structured-credit warrant math: warrantValue = loanAmount × coverageRatio, warrantShares = warrantValue / strikePrice, and (given currentSharePrice) the intrinsic value of the warrants. Answers 'how many warrant shares for 15% coverage', 'what's the warrant coverage value', 'what are these warrants worth'.

Price$0.016per request

MethodPOST

Route/v1/score/litfin-warrant-coverage

StatusLive

MIME typeapplication/json

Rate limit120/minute

CacheNo cache

scorewarrantventure-debtcoverageequity-kickerstructured-creditdilutionlending

API URLhttps://x402.hexl.dev/v1/score/litfin-warrant-coverage

Integration docs

Example request

{
  "loanAmount": 5000000,
  "coverageRatio": 0.15,
  "strikePrice": 2.5,
  "currentSharePrice": 4
}

Example response

{
  "warrantValue": 750000,
  "warrantShares": 300000,
  "coverageRatio": 0.15,
  "coveragePercent": 15,
  "method": "warrantValue=loan×coverage; shares=warrantValue/strike",
  "intrinsicValue": 450000
}

Input schema

{
  "type": "object",
  "required": [
    "loanAmount",
    "coverageRatio",
    "strikePrice"
  ],
  "properties": {
    "loanAmount": {
      "type": "number",
      "examples": [
        5000000
      ]
    },
    "coverageRatio": {
      "type": "number",
      "description": "0-5 (e.g. 0.15 = 15% coverage)",
      "examples": [
        0.15
      ]
    },
    "strikePrice": {
      "type": "number",
      "examples": [
        2.5
      ]
    },
    "currentSharePrice": {
      "type": "number",
      "description": "optional, to compute intrinsic value",
      "examples": [
        4
      ]
    }
  }
}

Output schema

{
  "type": "object",
  "additionalProperties": true
}