@peng I am also looking forward to Amir's measurements. I plan to try the REW or multi-tone analyzer software
@NTK suggested when I have another chance to do so. The analog pure direct throughput made it up to -96dB THD+N with Righmark. We'll see if any other software yields different results.
@popej thanks for the suggestion that it could be a problem in the signal path. The current signal path has mostly been Rightmark->FlexASIO->WDM-KS->digital audio into the Denon x3900h->rca to XLR cables->E1DA Cosmos ADCiso (1.77v input)->WDM-KS->FlexASIO->Rightmark. The only exception are the post 1 measurements that had a couple problems: (1) the ADCiso was set to mono mode (2) FlexASIO was set to WASAPI, which was resampling the signal. Those have since been corrected. The Denon x3900h has been set for crossovers to be full range and for processing mode to be pure direct. Let me know if you think of something I may have missed.
I asked chatgpt: What is the likely cause of the THD+N measured at -54,6 db while the analogue input yielded -96 THD+N ?
Pretty good answer, I think:
The analog-input measurement of roughly -96 dB THD+N is actually in line with what Denon specifies for the analog stages (around 0.008% distortion and ~100 dB SNR in Direct mode). �
Denon User Manual
A THD+N of -54.6 dB corresponds to about 0.19% THD+N. That's so poor that it would imply either:
severe clipping,
a DSP arithmetic issue,
a level mismatch,
or some processing artifact.
It is not consistent with the performance of the DAC chips or analog output stage themselves.
What stood out in those posts is that the FFT showed distortion products characteristic of signal overload rather than a noisy DAC. If the digital source was fed at or near 0 dBFS and the AVR subsequently applied any internal gain (speaker trims, Audyssey filters, bass management, Dynamic EQ, etc.), an internal DSP stage can run out of headroom. Many AVRs historically have had limited digital headroom when processing full-scale signals.
The clue is the enormous gap:
Path
THD+N
Analog input
~ -96 dB
Digital input
~ -54.6 dB
If the DAC itself were responsible, you'd expect perhaps a 5–15 dB difference, not 40+ dB.
My reading of those posts is that the digital measurement is revealing internal DSP overload/headroom limitations in the HDMI/digital path, whereas the analog measurement was taken under conditions that bypassed or avoided that overload mechanism.
Another clue is that several Denon/Marantz generations have shown behavior where reducing the digital signal level by a few dB dramatically improves measured distortion because the DSP no longer clips internally. That kind of result is exactly what you'd expect if a 0 dBFS test tone is being processed with insufficient internal headroom.
So if I had to assign probabilities:
Internal DSP clipping/headroom issue: 70%
Measurement setup or level calibration error: 20%
Actual DAC/output-stage limitation: 10%