SunCoke Energy Inc (SXC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 474,600 | 416,800 | 374,000 | 271,900 | 229,700 |
| Total current liabilities | US$ in thousands | 205,800 | 223,800 | 224,000 | 182,200 | 158,900 |
| Current ratio | 2.31 | 1.86 | 1.67 | 1.49 | 1.45 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $474,600K ÷ $205,800K
= 2.31
SunCoke Energy Inc's current ratio has shown a general uptrend over the past five years, indicating an improving liquidity position. The ratio increased from 1.45 as of December 31, 2020, to 2.31 as of December 31, 2024. This suggests that the company's current assets have consistently been sufficient to cover its current liabilities over the period under review. A current ratio above 1.0 indicates that the company has more current assets than current liabilities, which is a positive sign for creditors and investors. This trend implies that SunCoke Energy Inc has been managing its short-term obligations effectively and has a relatively strong liquidity position that could support its ongoing operations and growth initiatives.
Peer comparison
Dec 31, 2024