Nuveen Churchill Direct Lending (NCDL) Cash & Current Investments (2022 - 2025)
Nuveen Churchill Direct Lending's Cash & Current Investments was $3.21 million in Q2 2025, down 95.5% from $70.99 million a year earlier but up 66.2% from the prior quarter.
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Analysis
Nuveen Churchill Direct Lending (NCDL) Cash & Current Investments (2022 - 2025) Analysis & Trends
At the end of FY2024, Cash & Current Investments at Nuveen Churchill Direct Lending came in at $43.25 million, down 35.8% from FY2023.
- Cash & Current Investments shows a three-year compound annual growth rate of 7.1% (FY2021 to FY2024).
- In earlier years, Cash & Current Investments was $67.4 million in FY2023 (+71.6%), $39.27 million in FY2022 (+11.6%) and $35.19 million in FY2021.
- Quarterly Cash & Current Investments has moved between $1.93 million (Q1 2025) and $70.99 million (Q2 2024) over five years.
- Compared with a year earlier, Cash & Current Investments has declined for three straight quarters, with growth averaging 2.2% over the last eight quarters.
- The best year-over-year quarter for Cash & Current Investments over five years was Q1 2023 (growth of 112.3%); the worst was Q1 2025 (a decline of 97.0%).
- Per Business Quant data, NCDL's Cash & Current Investments in the three quarters before Q2 2025 was $1.93 million (Q1 2025), $43.25 million (Q4 2024) and $69.3 million (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 3.10 Bn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | 836.99 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 1.63 Bn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 16.19 Bn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 182.47 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 2.91 Bn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | 383.00 Mn |
| 10 | Nuveen Churchill Direct Lending | 543.75 Mn | 543.75 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 3.21 Mn |
| Mar 31, 2025 | 1.93 Mn |
| Dec 31, 2024 | 43.25 Mn |
| Sep 30, 2024 | 69.30 Mn |
| Jun 30, 2024 | 70.99 Mn |
| Mar 31, 2024 | 64.15 Mn |
| Dec 31, 2023 | 67.40 Mn |
| Sep 30, 2023 | 35.97 Mn |
| Jun 30, 2023 | 45.45 Mn |
| Mar 31, 2023 | 49.57 Mn |
| Dec 31, 2022 | 39.27 Mn |
| Sep 30, 2022 | 37.51 Mn |
| Jun 30, 2022 | 32.96 Mn |
| Mar 31, 2022 | 23.34 Mn |
API Access
Nuveen Churchill Direct Lending Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "NCDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();