Nuveen Churchill Direct Lending (NCDL) Debt Ratio (2022 - 2025)

Nuveen Churchill Direct Lending (NCDL) has disclosed Debt Ratio for 4 consecutive years, with 0.54 as the latest value for Q4 2025.

  • Quarterly Debt Ratio rose 4.98% to 0.54 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.54 through Dec 2025, up 4.98% year-over-year, with the annual reading at 0.54 for FY2025, 4.98% up from the prior year.
  • Debt Ratio hit 0.54 in Q4 2025 for Nuveen Churchill Direct Lending, roughly flat from 0.54 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.58 in Q2 2023 to a low of 0.44 in Q1 2024.
  • Historically, Debt Ratio has averaged 0.53 across 4 years, with a median of 0.54 in 2025.
  • Biggest five-year swings in Debt Ratio: dropped 24.66% in 2024 and later increased 26.71% in 2025.
  • Year by year, Debt Ratio stood at 0.56 in 2022, then fell by 2.27% to 0.55 in 2023, then fell by 5.2% to 0.52 in 2024, then rose by 4.98% to 0.54 in 2025.
  • Business Quant data shows Debt Ratio for NCDL at 0.54 in Q4 2025, 0.54 in Q3 2025, and 0.54 in Q2 2025.