Nuveen Churchill Direct Lending (NCDL) Debt Ratio (2022 - 2025)
Nuveen Churchill Direct Lending's Debt Ratio history spans 4 years, with the latest figure at 0.54 for Q4 2025.
- For Q4 2025, Debt Ratio rose 4.98% year-over-year to 0.54; the TTM value through Dec 2025 reached 0.54, up 4.98%, while the annual FY2025 figure was 0.54, 4.98% up from the prior year.
- Debt Ratio for Q4 2025 was 0.54 at Nuveen Churchill Direct Lending, roughly flat from 0.54 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.58 in Q2 2023 and bottomed at 0.44 in Q1 2024.
- The 4-year median for Debt Ratio is 0.54 (2025), against an average of 0.53.
- The largest annual shift saw Debt Ratio fell 24.66% in 2024 before it grew 26.71% in 2025.
- A 4-year view of Debt Ratio shows it stood at 0.56 in 2022, then decreased by 2.27% to 0.55 in 2023, then decreased by 5.2% to 0.52 in 2024, then increased by 4.98% to 0.54 in 2025.
- Per Business Quant, the three most recent readings for NCDL's Debt Ratio are 0.54 (Q4 2025), 0.54 (Q3 2025), and 0.54 (Q2 2025).