Nuveen Churchill Direct Lending Ratios (2022-2025) | NCDL

Ratios Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
FCF Margin -491.17%-956.42%-498.66%-301.73%-120.92%-214.08%-273.86%-275.20%-189.08%-307.43%-70.12%21.00%-16.44%258.12%72.89%
Efficiency
Assets Average 1,287.22M1,365.78M1,474.86M1,634.76M1,803.18M1,979.21M2,111.52M2,141.92M2,158.15M2,123.49M2,058.40M
Equity Average 414.23M448.27M497.87M521.25M537.52M598.23M693.42M873.06M992.30M988.49M980.46M945.17M903.88M884.61M
Invested Capital 402.68M425.77M470.78M524.96M517.54M557.50M638.96M747.88M998.23M986.37M990.61M970.32M920.02M887.74M881.49M
Asset Utilization Ratio 0.080.090.100.100.100.100.100.100.100.110.10
Leverage & Solvency
Debt to Equity 1.331.481.471.351.260.821.031.101.141.301.261.25
Debt Ratio 0.560.580.580.560.550.440.490.510.520.550.540.54
Equity Ratio 0.420.390.400.420.430.530.470.460.450.420.430.43
Dividends & Payouts
FCF Payout Ratio -0.10-0.05-0.08-0.12-0.31-0.24-0.13-0.12-0.20-0.13-0.632.32-3.350.210.60
Valuation
Enterprise Value -23.34M-32.96M-37.51M-17.57M-49.57M-35.35M-34.20M-67.39M-52.77M-67.69M-62.48M-40.84M-57.36M-62.86M-53.09M