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

Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Liabilities-to-Assets : 0.47 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Nuveen Churchill Direct Lending Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nuveen Churchill Direct Lending's Total Liabilities for the quarter that ended in Mar. 2024 was $877.25 Mil. Nuveen Churchill Direct Lending's Total Assets for the quarter that ended in Mar. 2024 was $1,875.49 Mil. Therefore, Nuveen Churchill Direct Lending's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.47.


Nuveen Churchill Direct Lending Liabilities-to-Assets Historical Data

The historical data trend for Nuveen Churchill Direct Lending's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
- 0.54 0.58 0.57

Nuveen Churchill Direct Lending Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial 0.58 - 0.59 0.57 0.47

Competitive Comparison of Nuveen Churchill Direct Lending's Liabilities-to-Assets

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

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

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



Nuveen Churchill Direct Lending Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nuveen Churchill Direct Lending's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=982.979/1730.864
=0.57

Nuveen Churchill Direct Lending's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=877.254/1875.487
=0.47

* 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.


Nuveen Churchill Direct Lending  (NYSE:NCDL) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Nuveen Churchill Direct Lending Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Nuveen Churchill Direct Lending's Liabilities-to-Assets 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

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

From GuruFocus