SunCoke Energy Inc (SXC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,668,200 | 1,660,400 | 1,654,600 | 1,615,400 | 1,613,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,668,200K
= 0.00
The debt-to-assets ratio for SunCoke Energy Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a significant source of financing relative to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity rather than debt, which may imply lower financial risk and potential financial stability. It also indicates that the company may have a strong financial position and high solvency, as it does not rely heavily on borrowed funds to operate or expand its business.
Peer comparison
Dec 31, 2024