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

Nuveen Churchill Direct Lending (NCDL) has disclosed Equity Ratio for 4 consecutive years, with 0.43 as the latest value for Q4 2025.

  • Quarterly Equity Ratio fell 5.89% to 0.43 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.43 through Dec 2025, down 5.89% year-over-year, with the annual reading at 0.43 for FY2025, 5.89% down from the prior year.
  • Equity Ratio hit 0.43 in Q4 2025 for Nuveen Churchill Direct Lending, down from 0.43 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.53 in Q1 2024 to a low of 0.39 in Q1 2023.
  • Historically, Equity Ratio has averaged 0.44 across 4 years, with a median of 0.43 in 2025.
  • Biggest five-year swings in Equity Ratio: surged 35.8% in 2024 and later fell 20.44% in 2025.
  • Year by year, Equity Ratio stood at 0.42 in 2022, then grew by 3.21% to 0.43 in 2023, then grew by 4.75% to 0.45 in 2024, then dropped by 5.89% to 0.43 in 2025.
  • Business Quant data shows Equity Ratio for NCDL at 0.43 in Q4 2025, 0.43 in Q3 2025, and 0.43 in Q2 2025.