Nuveen Churchill Direct Lending Corp. (NCDL) — Net Asset Quality Index
Nuveen Churchill Direct Lending Corp. (NCDL) has a Net Asset Quality Index of 42.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.05 Billion minus total liabilities of $1.18 Billion yields net assets of $864.11 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are Nuveen Churchill Direct Lending Corp.'s assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Nuveen Churchill Direct Lending Corp. Net Asset Quality Index Over Time (2018–2025)
This chart shows how Nuveen Churchill Direct Lending Corp.'s Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the index stands at 42.2%, representing net assets of $864.11 Million against total assets of $2.05 Billion USD. See NCDL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Nuveen Churchill Direct Lending Corp. (2018–2025)
The table below presents the year-by-year Net Asset Quality Index for Nuveen Churchill Direct Lending Corp. from 2018 to 2025, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Nuveen Churchill Direct Lending Corp. market cap and net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 42.6% | $875.18 Million | $2.05 Billion | $1.18 Billion | ▼ -2.7 pp |
| 2024 | 45.3% | $970.32 Million | $2.14 Billion | $1.17 Billion | ▲ +2.1 pp |
| 2023 | 43.2% | $747.88 Million | $1.73 Billion | $982.98 Million | ▲ +1.3 pp |
| 2022 | 41.9% | $524.96 Million | $1.25 Billion | $729.00 Million | ▼ -3.7 pp |
| 2021 | 45.6% | $374.05 Million | $820.92 Million | $446.87 Million | ▲ +1.0 pp |
| 2020 | 44.6% | $157.64 Million | $353.46 Million | $195.82 Million | ▲ +9.4 pp |
| 2019 | 35.1% | $66.21 Million | $188.37 Million | $122.16 Million | ▲ +248.1 pp |
| 2018 | -212.9% | $-185.03 Million | $86.91 Million | $271.94 Million | — |