SunCoke Energy Inc (SXC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 95,900 | 57,500 | 100,700 | 43,400 | 8,800 |
| Total assets | US$ in thousands | 1,668,200 | 1,660,400 | 1,654,600 | 1,615,400 | 1,613,400 |
| ROA | 5.75% | 3.46% | 6.09% | 2.69% | 0.55% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $95,900K ÷ $1,668,200K
= 5.75%
Based on the provided data, SunCoke Energy Inc's return on assets (ROA) has shown significant fluctuations over the past five years. The ROA increased from 0.55% as of December 31, 2020, to 6.09% as of December 31, 2022, indicating an improvement in the company's ability to generate profits relative to its total assets.
However, in the subsequent years, the ROA decreased to 3.46% as of December 31, 2023, before increasing again to 5.75% as of December 31, 2024. These fluctuations could be indicative of changes in the company's asset management efficiency, profitability, or capital structure.
Overall, SunCoke Energy Inc's ROA trend shows that the company has been able to deliver varying levels of returns relative to its assets. It would be important to further investigate the factors driving these fluctuations to assess the company's financial performance and sustainability in the long term.
Peer comparison
Dec 31, 2024