NCDL (Nuveen Churchill Direct Lending) Effective Interest Rate on Debt %: 5.74% (As of Mar. 2026)

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NCDL Nuveen Churchill Direct Lending Corp NCDL
29 GF Score
Price $12.13
! 5 Warning Signs
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What is Nuveen Churchill Direct Lending Effective Interest Rate on Debt %?

Nuveen Churchill Direct Lending NCDL +0.17% 29 Effective Interest Rate on Debt % is 5.74% as of Mar. 2026. GuruFocus rates NCDL with a GF Score™ of 29/100. The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Nuveen Churchill Direct Lending's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $64.62 Mil. Nuveen Churchill Direct Lending's average total debt for the quarter that ended in Mar. 2026 was $1,126.42 Mil. Therefore, Nuveen Churchill Direct Lending's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 5.74%.


Nuveen Churchill Direct Lending  (NYSE:NCDL) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Nuveen Churchill Direct Lending Effective Interest Rate on Debt % Related Terms


Nuveen Churchill Direct Lending Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Nuveen Churchill Direct Lending's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Churchill Direct Lending Effective Interest Rate on Debt % Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 2.42 4.24 7.05 7.27 6.59

Nuveen Churchill Direct Lending Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.40 6.68 6.62 6.15 5.74

NCDL vs PDT, HKHC, VINP: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Nuveen Churchill Direct Lending's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Churchill Direct Lending Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Churchill Direct Lending's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nuveen Churchill Direct Lending's Effective Interest Rate on Debt % falls into.


NCDL
29GF Score
Nuveen Churchill Direct Lending Corp NCDL
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Churchill Direct Lending Effective Interest Rate on Debt % Calculation

Nuveen Churchill Direct Lending's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -73.222/( (1108.261+1115.052)/ 2 )
=-1  *  -73.222/1111.6565
=6.59 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1108.261 + 0
=1108.261

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1115.052 + 0
=1115.052

Nuveen Churchill Direct Lending's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -64.62/( (1115.052+1137.789)/ 2 )
=-1  *  -64.62/1126.4205
=5.74 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1115.052 + 0
=1115.052

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1137.789 + 0
=1137.789

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 5.74% mean?
Nuveen Churchill Direct Lending (NCDL) has a Effective Interest Rate on Debt % of 5.74% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nuveen Churchill Direct Lending and its competitors.
Is Nuveen Churchill Direct Lending's Effective Interest Rate on Debt % too high?
Nuveen Churchill Direct Lending's current Effective Interest Rate on Debt % is 5.74%. Overall, Nuveen Churchill Direct Lending has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Churchill Direct Lending's Effective Interest Rate on Debt % compare to PDT and HKHC?
Nuveen Churchill Direct Lending's Effective Interest Rate on Debt % of 5.74% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nuveen Churchill Direct Lending and its competitors. Nuveen Churchill Direct Lending's current Effective Interest Rate on Debt % is 5.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Churchill Direct Lending stock overvalued right now?
Nuveen Churchill Direct Lending (NCDL) has a current Effective Interest Rate on Debt % of 5.74%. The current Effective Interest Rate on Debt % is 5.74%. Nuveen Churchill Direct Lending's overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Nuveen Churchill Direct Lending (NCDL), the current Effective Interest Rate on Debt % is 5.74% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nuveen Churchill Direct Lending Business Description

Other Exchanges O7A:Germany
Address 375 Park Avenue, 9th Floor, New York, NY, USA, 10152
Nuveen Churchill Direct Lending Corp is a specialty finance company focused predominantly on investing in senior secured loans to private equity-owned U.S. middle market companies. It is a closed-end, externally managed, non-diversified management investment company. The company's investment objective is to generate attractive risk-adjusted returns through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. It invests in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.
29GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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