Is Nuveen Churchill Direct Lending financially healthy?
Not really
Nuveen Churchill Direct Lending carries heavy debt: it would take 14.5 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA14.5 years
Cash vs. debt$62M vs. $1.1B
Interest coverage1.1×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Nuveen Churchill Direct Lending
Data as of Nov 13, 2026.