Nuveen churchill direct lending corp. NCDL.US Overview
NCDL AI Analysis & Strategy
Analysis Conclusion
With insufficient quarterly financial data released by the company, we're unable to provide a rating.
NCDL Current Performance
1.40%
Nuveen churchill direct lending corp.
0.78%
Avg of Sector
-0.03%
S&P500
NCDL Key Information
NCDL Financial Forecast
Unit : USD
NCDL Earnings Table
Unit : USD
| QTR | Non-GAAP EPS | EPS YoY | EPS Surprise % | Sales | Sales YoY | Sales Surprise % | NPM |
|---|---|---|---|---|---|---|---|
| Current | 0.53 | -5.4% | -7% | 53.59M | 96.8% | -4.3% | 101.4% |
| 2024Q3 | 0.56 | -15.2% | -5.1% | 29.05M | -38.7% | -51.8% | 108.5% |
| 2024Q2 | 0.58 | - | -1.7% | 33.76M | - | -43.6% | 101.4% |
| 2024Q1 | 0.57 | - | -1.7% | 19.93M | - | -63.4% | 110.3% |
| 2023Q4 | 0.56 | - | 9.8% | 27.22M | - | -41.9% | 60.7% |
NCDL Profile
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 elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act). The Company's investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA). The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively Senior Loans). The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively Junior Capital Investments).