SunCoke Energy Inc (SXC)

Total 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
Total assets US$ in thousands 1,668,200 1,654,800 1,657,500 1,653,300 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
Total asset turnover 1.16 1.19 1.21 1.25 1.24 1.22 1.25 1.21 1.19 1.09 1.00 0.90 0.90 0.88 0.84 0.82 0.83 0.85 0.91 0.85

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,935,400K ÷ $1,668,200K
= 1.16

SunCoke Energy Inc's total asset turnover has shown varying trends over the years. The total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate revenue.

From March 2020 to December 2020, the total asset turnover ratio decreased from 0.85 to 0.83, suggesting a slight decrease in asset efficiency during this period.

However, from March 2021 to June 2022, the total asset turnover ratio remained relatively stable, fluctuating between 0.82 and 1.00. This indicates that the company was able to maintain a consistent level of asset efficiency during these quarters.

From September 2022 to December 2024, there was a noticeable improvement in the total asset turnover ratio, increasing steadily from 1.09 to 1.16. This upward trend suggests that SunCoke Energy Inc was able to generate more revenue relative to its total assets, indicating improved asset utilization efficiency during this period.

Overall, SunCoke Energy Inc's total asset turnover ratio has shown a mix of fluctuations and improvements over the years, indicating changes in the company's ability to efficiently generate revenue from its assets.