Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Debt-to-Equity : 1.26 (As of Dec. 2023)

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What is Nuveen Churchill Direct Lending Debt-to-Equity?

Nuveen Churchill Direct Lending's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Nuveen Churchill Direct Lending's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $943.94 Mil. Nuveen Churchill Direct Lending's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $747.89 Mil. Nuveen Churchill Direct Lending's debt to equity for the quarter that ended in Dec. 2023 was 1.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nuveen Churchill Direct Lending's Debt-to-Equity or its related term are showing as below:

NCDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 1.26 Max: 1.33
Current: 1.26

During the past 4 years, the highest Debt-to-Equity Ratio of Nuveen Churchill Direct Lending was 1.33. The lowest was 1.09. And the median was 1.26.

NCDL's Debt-to-Equity is ranked worse than
90.36% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs NCDL: 1.26

Nuveen Churchill Direct Lending Debt-to-Equity Historical Data

The historical data trend for Nuveen Churchill Direct Lending's Debt-to-Equity 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.

* Premium members only.

Nuveen Churchill Direct Lending Debt-to-Equity Chart

Nuveen Churchill Direct Lending Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

1.09

1.33

1.26

Nuveen Churchill Direct Lending Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			1.09	N/A	1.33	1.35	1.26

Competitive Comparison of Nuveen Churchill Direct Lending's Debt-to-Equity

For the Asset Management subindustry, Nuveen Churchill Direct Lending's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Nuveen Churchill Direct Lending's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Churchill Direct Lending's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuveen Churchill Direct Lending's Debt-to-Equity falls into.

Nuveen Churchill Direct Lending Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Churchill Direct Lending's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	943.936)	/	747.885
	=	1.26

Nuveen Churchill Direct Lending's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	943.936)	/	747.885
	=	1.26

Nuveen Churchill Direct Lending (NYSE:NCDL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Nuveen Churchill Direct Lending Debt-to-Equity Related Terms

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Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

Nuveen Churchill Direct Lending Corp is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It invest in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.

Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Headlines

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