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

Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Total Assets : $1,875.49 Mil (As of Mar. 2024)


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

What is Nuveen Churchill Direct Lending Total Assets?

Nuveen Churchill Direct Lending's Total Assets for the quarter that ended in Mar. 2024 was $1,875.49 Mil.

During the past 12 months, Nuveen Churchill Direct Lending's average Total Assets Growth Rate was 49.10% per year.

Total Assets is connected with ROA %. Nuveen Churchill Direct Lending's annualized ROA % for the quarter that ended in Mar. 2024 was 6.66%. Total Assets is also linked to Revenue through Asset Turnover. Nuveen Churchill Direct Lending's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Nuveen Churchill Direct Lending Total Assets Historical Data

The historical data trend for Nuveen Churchill Direct Lending's Total Assets 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 Total Assets Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 820.92 1,253.96 1,730.86

Nuveen Churchill Direct Lending Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 1,253.96 - 1,538.66 1,730.86 1,875.49

Nuveen Churchill Direct Lending Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nuveen Churchill Direct Lending's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=747.885+982.979
=1,730.86

Nuveen Churchill Direct Lending's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=998.233+877.254
=1,875.49

* 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  (NYSE:NCDL) Total Assets Explanation

Total Assets is connected with ROA %.

Nuveen Churchill Direct Lending's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=120.096/( (1730.864+1875.487)/ 2 )
=120.096/1803.1755
=6.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nuveen Churchill Direct Lending's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=23.306/( (1730.864+1875.487)/ 2 )
=23.306/1803.1755
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nuveen Churchill Direct Lending Total Assets Related Terms

Thank you for viewing the detailed overview of Nuveen Churchill Direct Lending's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » Total Assets
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