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. See Nuveen Churchill Direct Lending Corp. (NCDL) defensive interval to measure how many days the company can operate on defensive assets alone.
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. Explore Nuveen Churchill Direct Lending Corp. (NCDL) cash flow conversion to assess how effectively this company generates cash.
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 NCDL stock market capitalisation.
| 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 | — |