SunCoke Energy Inc (SXC)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 189,600 | 140,100 | 90,000 | 63,800 | 48,400 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 205,800 | 223,800 | 224,000 | 182,200 | 158,900 |
| Cash ratio | 0.92 | 0.63 | 0.40 | 0.35 | 0.30 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($189,600K
+ $—K)
÷ $205,800K
= 0.92
The cash ratio of SunCoke Energy Inc has shown a positive trend over the years, increasing steadily from 0.30 as of December 31, 2020, to 0.92 as of December 31, 2024. This indicates that the company has been improving its ability to cover its short-term liabilities with its available cash and cash equivalents. The latest ratio of 0.92 suggests that SunCoke Energy Inc has a significant amount of liquid assets that can be used to meet its current obligations, which may indicate a strong financial position and liquidity management. Overall, the increasing trend in the cash ratio reflects a positive financial performance and prudent cash management by the company.
Peer comparison
Dec 31, 2024