SunCoke Energy Inc (SXC)

Current ratio

		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
Total current assets	US$ in thousands	474,600	456,000	447,800	431,400	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
Total current liabilities	US$ in thousands	205,800	205,200	202,000	209,800	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
Current ratio		2.31	2.22	2.22	2.06	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

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $474,600K ÷ $205,800K
= 2.31

The current ratio of SunCoke Energy Inc has shown some fluctuations over the given periods. It started at a healthy level of 2.68 as of March 31, 2020, indicating the company had $2.68 in current assets for every $1 in current liabilities. However, there was a decrease in the ratio to 1.45 by December 31, 2020, suggesting potential liquidity concerns as the company may have had difficulty meeting its short-term obligations.

Subsequently, there was a gradual improvement in the current ratio, reaching a peak of 2.31 by December 31, 2024, which indicates the company improved its short-term financial position. A current ratio above 2 generally indicates a strong liquidity position, where the company is well-equipped to cover its short-term liabilities.

Overall, the fluctuation in the current ratio of SunCoke Energy Inc suggests variations in the company's ability to manage its short-term financial obligations efficiently. It is essential for stakeholders to monitor this ratio continuously to assess the company's liquidity and financial health.