SunCoke Energy Inc (SXC)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 680,200 | 614,200 | 585,600 | 498,100 | 469,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $680,200K
= 0.00
Based on the provided data, SunCoke Energy Inc's debt-to-equity ratio has been consistently 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a very minimal amount of debt relative to its equity. This suggests that the company is primarily financed by equity as opposed to debt, which can be perceived positively as it indicates a lower financial risk and potentially stronger financial stability. Additionally, a lower debt-to-equity ratio typically means the company is less leveraged, which may provide more flexibility in managing its financial obligations and investments. However, it is important to consider the industry norms and overall financial health of the company when interpreting this ratio in isolation.
Peer comparison
Dec 31, 2024