SunCoke Energy Inc (SXC)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands 151,900 142,600 125,100 127,900 125,100 121,900 139,800 136,800 153,700 158,700 152,500 151,900 141,500 118,300 88,900 79,900 69,700 81,400 -143,000 -146,300
Total assets US$ in thousands 1,668,200 1,654,800 1,657,500 1,653,300 1,660,400 1,679,200 1,643,400 1,669,300 1,654,600 1,679,800 1,677,400 1,705,700 1,615,400 1,593,200 1,598,000 1,605,100 1,613,400 1,661,800 1,678,400 1,875,900
Operating ROA 9.11% 8.62% 7.55% 7.74% 7.53% 7.26% 8.51% 8.20% 9.29% 9.45% 9.09% 8.91% 8.76% 7.43% 5.56% 4.98% 4.32% 4.90% -8.52% -7.80%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $151,900K ÷ $1,668,200K
= 9.11%

Operating ROA is a key financial metric that measures a company's ability to generate profits from its operating activities relative to its total assets.

Looking at the data provided for SunCoke Energy Inc, we can see that the operating ROA has displayed fluctuations over the quarters. The operating ROA started in negative territory in the first few quarters of the data set, indicating that the company was not generating positive operating income relative to its assets during those periods.

However, from September 2020 onwards, the operating ROA turned positive and showed a consistent upward trend until December 2022. This indicates that the company improved its operational efficiency and profitability, generating higher returns on its assets during this period.

From March 2023 onwards, the operating ROA started to decline slightly but remained at relatively healthy levels above 7%. This indicates that SunCoke Energy Inc continues to effectively utilize its assets to drive operating income.

Overall, the trend in SunCoke Energy Inc's operating ROA suggests that the company has made improvements in its operations and asset management, leading to more efficient use of its resources to generate profits.