SunCoke Energy Inc (SXC)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 125,100 | 153,700 | 141,500 | 69,700 | -144,300 |
| Total assets | US$ in thousands | 1,660,400 | 1,654,600 | 1,615,400 | 1,613,400 | 1,753,800 |
| Operating ROA | 7.53% | 9.29% | 8.76% | 4.32% | -8.23% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $125,100K ÷ $1,660,400K
= 7.53%
SunCoke Energy Inc's operating return on assets (operating ROA) has experienced fluctuations in recent years. The operating ROA was highest in 2022 at 9.29% and lowest in 2020 at 4.32%. In 2023, the operating ROA decreased to 7.53% from the previous year, indicating a decline in the company's ability to generate operating profits from its assets. Overall, the trend of operating ROA for SunCoke Energy Inc has been somewhat volatile, with periods of both improvement and decline. This suggests that the company's operational efficiency and asset utilization have not been consistently strong over the analyzed period. Further analysis and comparison with industry benchmarks would be necessary to gain a deeper understanding of SunCoke Energy Inc's operational performance.
Peer comparison
Dec 31, 2023