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. See Nuveen Churchill Direct Lending Corp. (NCDL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Nuveen Churchill Direct Lending Corp. (NCDL) balance sheet quality index to measure how much of total assets are equity-financed.
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. For live market cap and the full company financial profile, see market value of Nuveen Churchill Direct Lending Corp..
| 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 | $- | $- | — |