SunCoke Energy Inc (SXC)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $680,200K
= 0.00
The debt-to-equity ratio for SunCoke Energy Inc has consistently been 0.00 over the period from March 31, 2020, to December 31, 2024. This implies that the company has not had any financial leverage or debt obligations relative to its equity during this period. A debt-to-equity ratio of 0.00 indicates that the company has been relying solely on equity financing rather than taking on debt to finance its operations and investments. While a low or zero debt-to-equity ratio may indicate a lower risk of financial distress, it could also suggest missed opportunities for leveraging debt to potentially enhance returns for shareholders. It is important to note that the interpretation of this ratio should be considered alongside other financial metrics and qualitative factors to gain a comprehensive understanding of SunCoke Energy Inc's financial health and capital structure.
Peer comparison
Dec 31, 2024