SunCoke Energy Inc (SXC)

Return on assets (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
Net income (ttm)	US$ in thousands	95,900	86,000	62,300	61,200	57,500	55,500	89,900	87,500	100,700	101,600	83,200	56,400	43,400	25,700	0	15,300	3,700	7,300	-153,000	-157,200
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
ROA		5.75%	5.20%	3.76%	3.70%	3.46%	3.31%	5.47%	5.24%	6.09%	6.05%	4.96%	3.31%	2.69%	1.61%	0.00%	0.95%	0.23%	0.44%	-9.12%	-8.38%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $95,900K ÷ $1,668,200K
= 5.75%

SunCoke Energy Inc's return on assets (ROA) has shown a fluctuating trend over the given time period. The ROA started in negative territory in March 2020 and June 2020, indicating the company's assets were not generating sufficient returns during that time.

However, there was a significant improvement in the ROA from September 2020 onwards, with the percentage turning positive and gradually increasing. This positive trend continued through the following quarters, reaching its peak at 6.09% in December 2022.

After the peak in December 2022, the ROA started to decrease slightly but remained relatively stable in the range of 3-5%. This indicates that SunCoke Energy Inc's assets have been effectively utilized to generate profits, although the rate of return slightly dipped towards the end of the period.

Overall, the increase in ROA from negative values to positive figures reflects an improvement in the company's operational efficiency and profitability, indicating better utilization of its assets to generate earnings.