SunCoke Energy Inc (SXC)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 680,200 | 658,600 | 636,900 | 623,000 | 614,200 | 608,300 | 609,000 | 593,500 | 585,600 | 575,500 | 539,100 | 525,000 | 498,100 | 487,700 | 468,400 | 479,500 | 469,000 | 478,900 | 486,400 | 484,200 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $680,200K)
= 0.00
The debt-to-capital ratio of SunCoke Energy Inc has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital structure is entirely equity-financed, which may suggest a conservative approach to financing operations and growth. It is important to note that while a low debt-to-capital ratio can signify financial stability and lower risk, it may also imply missed opportunities for leveraging debt to potentially enhance returns, especially during periods of low interest rates. Additionally, the absence of debt in the capital structure may limit financial flexibility and tax benefits typically associated with debt financing. Overall, a consistent debt-to-capital ratio of 0.00 for an extended period warrants further analysis into SunCoke Energy Inc's financing strategies and future capital allocation decisions.
Peer comparison
Dec 31, 2024