SunCoke Energy Inc (SXC)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,935,400 | 1,970,000 | 2,000,300 | 2,063,800 | 2,063,200 | 2,056,600 | 2,053,000 | 2,020,500 | 1,972,500 | 1,823,800 | 1,673,500 | 1,535,900 | 1,456,000 | 1,400,800 | 1,336,500 | 1,310,200 | 1,333,000 | 1,420,100 | 1,522,200 | 1,591,700 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,205,400 | 1,208,400 | 1,207,800 | 1,229,300 | 1,238,900 | 1,253,500 | 1,266,100 | 1,287,900 | 1,288,100 | 1,289,800 | 1,304,900 | 1,328,000 | 1,332,500 | 1,347,600 | 1,370,000 |
| Fixed asset turnover | — | — | — | — | — | 1.71 | 1.70 | 1.67 | 1.60 | 1.47 | 1.34 | 1.21 | 1.13 | 1.09 | 1.04 | 1.00 | 1.00 | 1.07 | 1.13 | 1.16 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,935,400K ÷ $—K
= —
SunCoke Energy Inc's fixed asset turnover ratio has shown a fluctuating trend over the data period. The ratio started at 1.16 as of March 31, 2020, indicating that the company generated $1.16 in revenue for every dollar invested in fixed assets during that period.
The ratio gradually decreased to 1.00 by December 31, 2020, potentially suggesting a decrease in efficiency in utilizing fixed assets to generate sales revenue. However, the ratio remained stable at 1.00 for the subsequent period till March 31, 2021.
From June 30, 2021, onwards, the fixed asset turnover ratio began to increase, indicating that the company was becoming more efficient in utilizing its fixed assets to generate revenue. The ratio steadily increased to 1.70 as of June 30, 2023, signaling an improvement in operational efficiency and asset utilization.
Furthermore, the company's fixed asset turnover ratio continued to rise, reaching its peak at 1.71 as of September 30, 2023, which suggests that SunCoke Energy Inc was effectively maximizing the productivity of its fixed assets during that period.
As of the latest data available, the fixed asset turnover ratio remained at the level of 1.71, indicating a stable efficiency in leveraging fixed assets for revenue generation. The data for the subsequent periods is not available, making it impossible to provide a comprehensive analysis beyond September 30, 2023.
Peer comparison
Dec 31, 2024