Nuveen Churchill Direct Lending Corp. (NCDL) — Cash Flow-to-Debt Ratio
Nuveen Churchill Direct Lending Corp. (NCDL) has a Cash Flow-to-Debt Ratio of 0.01x as of March 2026, meaning its operating cash flow of $6.61 Million could theoretically repay 0% of its total liabilities ($1.18 Billion) in one year. See Nuveen Churchill Direct Lending Corp. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Nuveen Churchill Direct Lending Corp. Cash Flow-to-Debt Ratio (2018–2025)
Historical debt coverage capacity for Nuveen Churchill Direct Lending Corp. across 8 annual periods. For the full cash flow conversion analysis, see Nuveen Churchill Direct Lending Corp. cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Nuveen Churchill Direct Lending Corp. (2018–2025)
Year-by-year debt coverage analysis for Nuveen Churchill Direct Lending Corp.. Check how high is Nuveen Churchill Direct Lending Corp.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | $194.16 Million | $1.18 Billion | ▲ +41.6% |
| 2024 | 0.12x | $136.42 Million | $1.17 Billion | ▲ +56.4% |
| 2023 | 0.07x | $73.05 Million | $982.98 Million | ▲ +115.5% |
| 2022 | 0.03x | $25.14 Million | $729.00 Million | ▼ -62.7% |
| 2021 | 0.09x | $41.32 Million | $446.87 Million | ▲ +140.7% |
| 2020 | 0.04x | $7.52 Million | $195.82 Million | ▲ +389.8% |
| 2019 | -0.01x | $-1.62 Million | $122.16 Million | ▼ -143.6% |
| 2018 | 0.03x | $8.27 Million | $271.94 Million | — |