Nuveen Churchill Direct Lending (NCDL) Interest Coverage Ratio (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) has 5 years of Interest Coverage Ratio data on file, last reported at 0.86 in Q1 2026.

• For the quarter ending Q1 2026, Interest Coverage Ratio fell 33.48% year-over-year to 0.86; the trailing twelve-month figure through Mar 2026 stood at 1.13 (down 20.84% YoY), and the FY2025 full-year result was 1.2, down 22.15% from the prior year.
• Interest Coverage Ratio eased to 0.86 in Q1 2026, from 1.65 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 3.01 in Q1 2022 to a low of 0.86 in Q1 2026.
• A 5-year average of 1.55 and a median of 1.43 in 2023 frame the typical range for Interest Coverage Ratio.
• Across the five-year window, Interest Coverage Ratio sank 53.72% in 2023 and gained 26.6% in 2024, its largest moves.
• Tracing NCDL's Interest Coverage Ratio over 5 years: stood at 1.61 in 2022, then declined by 10.99% to 1.43 in 2023, then gained by 2.23% to 1.46 in 2024, then increased by 13.02% to 1.65 in 2025, then plunged by 47.93% to 0.86 in 2026.
• Business Quant data shows NCDL's Interest Coverage Ratio at 0.86 in Q1 2026, 1.65 in Q4 2025, and 1.11 in Q3 2025.