Nuveen Churchill Direct Lending Corp. (NCDL) - Total Assets
Based on the latest financial reports, Nuveen Churchill Direct Lending Corp. (NCDL) holds total assets worth $2.05 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check NCDL cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Nuveen Churchill Direct Lending Corp. - Total Assets Trend (2018–2025)
This chart illustrates how Nuveen Churchill Direct Lending Corp.'s total assets have evolved over time, based on quarterly financial data. Explore how much of Nuveen Churchill Direct Lending Corp.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.
Nuveen Churchill Direct Lending Corp. - Asset Composition Analysis
Current Asset Composition (December 2025)
Nuveen Churchill Direct Lending Corp.'s total assets of $2.05 Billion consist of 1.1% current assets and 98.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $13.73 Million | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Nuveen Churchill Direct Lending Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see NCDL stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nuveen Churchill Direct Lending Corp.'s current assets represent 1.1% of total assets in 2025, a decrease from 192.7% in 2018.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, down from 2.6% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Nuveen Churchill Direct Lending Corp. Competitors by Total Assets
Key competitors of Nuveen Churchill Direct Lending Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JULIUS BAER GRP. ADR/1/5
F:JGE1
|
Germany | €107.49 Billion |
|
Julius Baer Gruppe AG
SW:BAER
|
Switzerland | CHF104.72 Billion |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
Canada | CA$9.34 Billion |
|
Anxin Trust Co Ltd
SHG:600816
|
China | CN¥26.40 Billion |
|
Metrics Master Income Trust
AU:MXT
|
Australia | AU$2.46 Billion |
|
Peugeot Invest SA
PA:PEUG
|
France | €5.59 Billion |
|
Cuprum
SN:CUPRUM
|
Chile | CL$946.50 Billion |
|
Brederode SA
BR:BREB
|
Belgium | €4.23 Billion |
Nuveen Churchill Direct Lending Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.59 | 1.83 | 1.32 |
| Quick Ratio | 1.59 | 1.83 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $23.50 Million | $42.13 Million | $11.48 Million |
Nuveen Churchill Direct Lending Corp. - Advanced Valuation Insights
This section examines the relationship between Nuveen Churchill Direct Lending Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.74 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | $2.05 Billion |
| Market Capitalization | $629.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nuveen Churchill Direct Lending Corp.'s assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nuveen Churchill Direct Lending Corp.'s assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nuveen Churchill Direct Lending Corp. (2018–2025)
The table below shows the annual total assets of Nuveen Churchill Direct Lending Corp. from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.05 Billion | -4.16% |
| 2024-12-31 | $2.14 Billion | +23.85% |
| 2023-12-31 | $1.73 Billion | +38.03% |
| 2022-12-31 | $1.25 Billion | +52.75% |
| 2021-12-31 | $820.92 Million | +132.25% |
| 2020-12-31 | $353.46 Million | +87.64% |
| 2019-12-31 | $188.37 Million | +116.74% |
| 2018-12-31 | $86.91 Million | -- |
About Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending Corp. (the "Company") is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations. The Company is a closed-end, externally managed, non-diversified management investment company that has … Read more