Nuveen Churchill Direct Lending Debt to Equity Ratio 2020-2025 | NCDL

Current and historical debt to equity ratio values for Nuveen Churchill Direct Lending (NCDL) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Nuveen Churchill Direct Lending debt/equity for the three months ending September 30, 2025 was 1.25.
Nuveen Churchill Direct Lending Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $1.16B $0.88B 1.32
2025-06-30 $1.19B $0.89B 1.34
2025-03-31 $1.25B $0.92B 1.36
2024-12-31 $1.17B $0.97B 1.21
2024-09-30 $1.15B $0.99B 1.16
2024-06-30 $1.10B $0.99B 1.11
2024-03-31 $0.88B $1.00B 0.88
2023-12-31 $0.98B $0.75B 1.31
2023-09-30 $0.90B $0.64B 1.41
2023-06-30 $0.85B $0.56B 1.53
2023-03-31 $0.80B $0.52B 1.55
2022-12-31 $0.73B $0.53B 1.39
2022-09-30 $0.68B $0.47B 1.45
2022-06-30 $0.60B $0.43B 1.41
2022-03-31 $0.48B $0.40B 1.18
2021-12-31 $0.45B $0.37B 1.20
2021-09-30 $0.37B $0.31B 1.18
2021-06-30 $0.31B $0.23B 1.36
2021-03-31 $0.26B $0.17B 1.51
2020-12-31 $0.20B $0.16B 1.24
2020-09-30 $0.14B $0.10B 1.36
2020-06-30 $0.10B $0.08B 1.19
2020-03-31 $0.11B $0.06B 1.78
2019-12-31 $0.12B $0.07B 1.85
2019-09-30 $0.00B $0.00B 0.00
2019-06-30 $0.00B $0.00B 0.00
2019-03-31 $0.00B $0.00B 0.00
Sector Industry Market Cap Revenue
Finance Finance - SBIC & Commercial $0.672B $0.224B
Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.
Stock Name Country Market Cap PE Ratio
Ares Capital (ARCC) United States $14.959B 10.19
Blue Owl Technology Finance (OTF) United States $6.551B 9.32
Blackstone Secured Lending Fund (BXSL) United States $6.171B 8.19
Main Street Capital (MAIN) United States $5.749B 16.08
Golub Capital BDC (GBDC) United States $3.604B 8.77
Hercules Capital (HTGC) United States $3.411B 9.73
Sixth Street Specialty Lending (TSLX) United States $2.103B 9.76
Morgan Stanley Direct Lending Fund (MSDL) United States $1.437B 7.92
Trinity Capital (TRIN) United States $1.265B 7.85
Amalgamated Financial (AMAL) United States $1.151B 10.50
Goldman Sachs BDC (GSBD) United States $1.073B 5.66
Kayne Anderson BDC (KBDC) United States $1.003B 8.57
BARINGS BDC, INC (BBDC) United States $0.971B 8.17
New Mountain Finance (NMFC) United States $0.943B 7.14
Bain Capital Specialty Finance (BCSF) United States $0.889B 7.07
Fidus Investment (FDUS) United States $0.717B 9.16
Carlyle Secured Lending (CGBD) United States $0.656B 7.80
Gladstone Investment (GAIN) United States $0.551B 14.32
Crescent Capital BDC (CCAP) United States $0.539B 7.58
BLACKROCK TCP CAPITAL CORP (TCPC) United States $0.500B 4.27
CION Investment (CION) United States $0.489B 5.30
Gladstone Capital (GLAD) United States $0.476B 10.44
PennantPark Investment (PNNT) United States $0.390B 8.41
Saratoga Investment Corp (SAR) United States $0.379B 9.71
Stellus Capital Investment (SCM) United States $0.377B 9.10
Palmer Square Capital BDC (PSBD) United States $0.375B 6.92
Runway Growth Finance (RWAY) United States $0.340B 5.81
Horizon Technology Finance (HRZN) United States $0.310B 5.92
TriplePoint Venture Growth BDC (TPVG) United States $0.263B 5.75
Chicago Atlantic BDC (LIEN) United States $0.240B 13.64
Medallion Financial (MFIN) United States $0.239B 5.55
WhiteHorse Finance (WHF) United States $0.162B 5.97
Oxford Square Capital (OXSQ) United States $0.152B 5.64
PhenixFIN (PFX) United States $0.087B 17.06
Investcorp Credit Management BDC (ICMB) United States $0.040B 16.32
Rand Capital (RAND) United States $0.034B 7.60
SLR Investment (SLRC) United States $0.000B 9.27
FS KKR Capital (FSK) United States $0.000B 11.30
OFS Capital (OFS) United States $0.000B 4.93