SunCoke Energy Inc (SXC)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,668,200 | 1,660,400 | 1,654,600 | 1,615,400 | 1,613,400 |
| Total stockholders’ equity | US$ in thousands | 680,200 | 614,200 | 585,600 | 498,100 | 469,000 |
| Financial leverage ratio | 2.45 | 2.70 | 2.83 | 3.24 | 3.44 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,668,200K ÷ $680,200K
= 2.45
The financial leverage ratio of SunCoke Energy Inc has shown a decreasing trend over the past five years, suggesting an improvement in the company's financial structure. The ratio decreased from 3.44 in 2020 to 2.45 in 2024, indicating that the company has reduced its reliance on debt to finance its operations and investments. This declining trend is a positive indicator as a lower financial leverage ratio signifies lower financial risk and greater financial stability. SunCoke Energy Inc's commitment to reducing its leverage ratio demonstrates a prudent financial management strategy to enhance its long-term financial health and resilience.
Peer comparison
Dec 31, 2024