SunCoke Energy Inc (SXC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,935,400 | 2,063,200 | 1,972,500 | 1,456,000 | 1,333,000 |
| Property, plant and equipment | US$ in thousands | — | — | 1,229,300 | 1,287,900 | 1,328,000 |
| Fixed asset turnover | — | — | 1.60 | 1.13 | 1.00 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,935,400K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company generates revenue from its investments in fixed assets. Looking at SunCoke Energy Inc's fixed asset turnover ratio over the past few years, we see an increase in performance.
In December 2020, the fixed asset turnover was 1.00, indicating that the company generated $1.00 in sales for every $1.00 invested in fixed assets. The ratio improved to 1.13 by December 2021, suggesting improved utilization of fixed assets to generate revenue.
By December 2022, the fixed asset turnover ratio further increased to 1.60, signaling a significant enhancement in efficiency in generating sales from fixed assets. However, please note that data for the years 2023 and 2024 are not available.
Overall, the increasing trend in the fixed asset turnover ratio for SunCoke Energy Inc reflects a positive development in the company's ability to utilize its fixed assets effectively to drive sales growth. This indicates potential improvements in operational efficiency and asset utilization over the years analyzed. It would be valuable to continue tracking this metric in the future to assess the company's ongoing operational performance.
Peer comparison
Dec 31, 2024