SunCoke Energy Inc (SXC)
Total 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 |
| Total assets | US$ in thousands | 1,668,200 | 1,660,400 | 1,654,600 | 1,615,400 | 1,613,400 |
| Total asset turnover | 1.16 | 1.24 | 1.19 | 0.90 | 0.83 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,935,400K ÷ $1,668,200K
= 1.16
SunCoke Energy Inc's total asset turnover has shown a positive trend over the past five years, increasing from 0.83 in 2020 to 1.16 in 2024. This indicates that the company is generating more revenue per dollar of assets employed over the years. The improvement in total asset turnover suggests that SunCoke Energy Inc has been more efficient in utilizing its assets to generate sales. The peak in 2023 at 1.24 indicates a significant level of efficiency in asset utilization, although there was a slight dip in 2024 to 1.16. Overall, the upward trend in total asset turnover reflects positively on the company's operational efficiency and effectiveness in generating sales from its asset base.
Peer comparison
Dec 31, 2024