Nuveen Churchill Direct Lending Corp. (NCDL) — Defensive Interval Ratio
Nuveen Churchill Direct Lending Corp. (NCDL) has a Defensive Interval Ratio of 154 days as of September 2025. Defensive assets of $16.72 Million (cash $-, short-term investments $-, receivables $16.72 Million) cover 154 days of daily cash needs of $108.37K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nuveen Churchill Direct Lending Corp. Defensive Interval Ratio (2018–2024)
This chart shows how Nuveen Churchill Direct Lending Corp.'s Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 154 days, meaning defensive assets of $16.72 Million can fund 154 days of operations without new revenue. For the complete balance sheet picture, see Nuveen Churchill Direct Lending Corp. assets under control.
Annual Defensive Interval Ratio for Nuveen Churchill Direct Lending Corp. (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Nuveen Churchill Direct Lending Corp. from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Nuveen Churchill Direct Lending Corp. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 114 days | $19.00 Million | $167.29K/day | $- | $- | ▼ -110 days |
| 2023 | 224 days | $21.64 Million | $96.74K/day | $- | $50.00K | ▲ +22 days |
| 2022 | 201 days | $14.22 Million | $70.62K/day | $- | $- | ▲ +75 days |
| 2021 | 126 days | $12.61 Million | $99.67K/day | $- | $- | ▲ +124 days |
| 2020 | 3 days | $2.97 Million | $1.05 Million/day | $- | $- | ▼ -4 days |
| 2019 | 7 days | $4.42 Million | $658.92K/day | $- | $- | ▲ +6 days |
| 2018 | 1 days | $556.00K | $495.41K/day | $- | $- | — |