GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Churchill Direct Lending Corp (NYSE:NCDL) » Definitions » Interest Expense

Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Interest Expense : $-51.11 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Nuveen Churchill Direct Lending Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuveen Churchill Direct Lending's interest expense for the three months ended in Mar. 2024 was $ -16.94 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-51.11 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Nuveen Churchill Direct Lending's Operating Income for the three months ended in Mar. 2024 was $ Mil. Nuveen Churchill Direct Lending's Interest Expense for the three months ended in Mar. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nuveen Churchill Direct Lending Interest Expense Historical Data

The historical data trend for Nuveen Churchill Direct Lending's Interest Expense 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.

* Premium members only.

Nuveen Churchill Direct Lending Interest Expense Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-4.49 -9.83 -25.70 -61.21

Nuveen Churchill Direct Lending Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial -11.14 -12.74 -16.05 -18.12 -16.94

Nuveen Churchill Direct Lending Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-51.11 Mil.

* 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 (Nuveen Churchill Direct Lending) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Churchill Direct Lending Corp (NYSE:NCDL) » Definitions » Interest Expense
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Nuveen Churchill Direct Lending Corp is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It invest in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.

Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Headlines

From GuruFocus

Nuveen Churchill Direct Lending Corp. Prices Initial Public Offering

By Business Wire • 01-25-2024