SunCoke Energy Inc (SXC)

Total asset turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 2,035,900 2,027,900 2,022,900 1,989,300 1,940,500 1,791,800 1,641,600 1,466,200 1,381,600 1,323,300 1,253,700 1,258,600 1,282,400 1,380,300 1,495,600 1,580,000 1,600,300 1,572,000 1,532,200 1,491,700
Total assets US$ in thousands 1,660,400 1,679,200 1,643,400 1,669,300 1,654,600 1,679,800 1,677,400 1,705,700 1,615,400 1,593,200 1,598,000 1,605,100 1,613,400 1,661,800 1,678,400 1,875,900 1,753,800 1,766,200 2,082,400 2,097,300
Total asset turnover 1.23 1.21 1.23 1.19 1.17 1.07 0.98 0.86 0.86 0.83 0.78 0.78 0.79 0.83 0.89 0.84 0.91 0.89 0.74 0.71

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,035,900K ÷ $1,660,400K
= 1.23

The total asset turnover ratio of SunCoke Energy Inc has been gradually increasing over the last eight quarters, reflecting the company's ability to generate revenue from its assets efficiently. The ratio reached a peak of 1.25 in Q2 2023, indicating that the company generated $1.25 in revenue for every $1 in total assets during that period. This upward trend suggests improved asset utilization and operational efficiency. The average total asset turnover for the last two quarters of 2023 is 1.23, signaling a stable and positive performance in utilizing assets to generate revenue. Overall, the company's trend in total asset turnover indicates an effective management of assets to drive revenue growth over the past two years.


Peer comparison

Dec 31, 2023