Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Equity-to-Asset : 0.43 (As of Dec. 2023)

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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Dec. 2023 was $1,730.86 Mil. Therefore, Nuveen Churchill Direct Lending's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

NCDL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.43 Max: 0.46
Current: 0.43

During the past 4 years, the highest Equity to Asset Ratio of Nuveen Churchill Direct Lending was 0.46. The lowest was 0.42. And the median was 0.43.

NCDL's Equity-to-Asset is ranked worse than
86.09% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs NCDL: 0.43

Nuveen Churchill Direct Lending Equity-to-Asset Historical Data

The historical data trend for Nuveen Churchill Direct Lending's Equity-to-Asset 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 Equity-to-Asset Chart

Nuveen Churchill Direct Lending Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.46

0.42

0.43

Nuveen Churchill Direct Lending Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.46	-	0.42	0.42	0.43

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

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

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

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

Nuveen Churchill Direct Lending Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	747.885	/	1730.864
	=	0.43

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

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	747.885	/	1730.864
	=	0.43

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Nuveen Churchill Direct Lending Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Nuveen Churchill Direct Lending's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Churchill Direct Lending Corp (NYSE:NCDL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

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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