SunCoke Energy Inc (SXC)

Current ratio

		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
Total current assets	US$ in thousands	416,800	421,300	382,800	409,800	374,000	389,300	371,200	383,300	271,900	250,600	253,700	244,300	229,700	274,800	277,100	452,100	308,300	320,700	384,900	387,100
Total current liabilities	US$ in thousands	223,800	250,900	222,500	231,800	224,000	219,900	215,600	230,200	182,200	182,500	162,500	168,200	158,900	155,600	119,700	169,000	194,800	185,300	209,600	218,000
Current ratio		1.86	1.68	1.72	1.77	1.67	1.77	1.72	1.67	1.49	1.37	1.56	1.45	1.45	1.77	2.31	2.68	1.58	1.73	1.84	1.78

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $416,800K ÷ $223,800K
= 1.86

The current ratio of SunCoke Energy Inc has shown some fluctuations over the past eight quarters. The current ratio measures the company's ability to cover its short-term obligations with its current assets, with a higher ratio indicating a stronger liquidity position.

In Q4 of 2023, SunCoke Energy Inc had a current ratio of 1.86, which was an improvement from the previous quarter's ratio of 1.68. This indicates that the company's current assets increased relative to its current liabilities, strengthening its ability to meet short-term obligations.

Looking at the trend over the past eight quarters, the current ratio has generally been stable, hovering around the range of 1.67 to 1.77. This suggests that SunCoke Energy Inc has maintained a relatively healthy liquidity position during this period.

Overall, the current ratio analysis suggests that SunCoke Energy Inc has managed its liquidity effectively, with the ability to cover its short-term liabilities with its current assets. However, it would be important to monitor future changes in the current ratio to ensure continued financial stability.