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SunCoke Energy Partners LP (SunCoke Energy Partners LP) ROE % : 3.05% (As of Mar. 2019)


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What is SunCoke Energy Partners LP ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SunCoke Energy Partners LP's annualized net income for the quarter that ended in Mar. 2019 was $18.0 Mil. SunCoke Energy Partners LP's average Total Stockholders Equity over the quarter that ended in Mar. 2019 was $589.8 Mil. Therefore, SunCoke Energy Partners LP's annualized ROE % for the quarter that ended in Mar. 2019 was 3.05%.

The historical rank and industry rank for SunCoke Energy Partners LP's ROE % or its related term are showing as below:

SXCP's ROE % is not ranked *
in the Steel industry.
Industry Median: 6.115
* Ranked among companies with meaningful ROE % only.

SunCoke Energy Partners LP ROE % Historical Data

The historical data trend for SunCoke Energy Partners LP's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SunCoke Energy Partners LP ROE % Chart

SunCoke Energy Partners LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 10.38 16.22 -2.70 9.59

SunCoke Energy Partners LP Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.13 12.61 10.29 7.54 3.05

Competitive Comparison of SunCoke Energy Partners LP's ROE %

For the Coking Coal subindustry, SunCoke Energy Partners LP's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SunCoke Energy Partners LP's ROE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy Partners LP's ROE % distribution charts can be found below:

* The bar in red indicates where SunCoke Energy Partners LP's ROE % falls into.



SunCoke Energy Partners LP ROE % Calculation

SunCoke Energy Partners LP's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=57.5/( (603.6+595)/ 2 )
=57.5/599.3
=9.59 %

SunCoke Energy Partners LP's annualized ROE % for the quarter that ended in Mar. 2019 is calculated as

ROE %=Net Income (Q: Mar. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Mar. 2019 ))/ count )
=18/( (595+584.6)/ 2 )
=18/589.8
=3.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2019) net income data. ROE % is displayed in the 30-year financial page.


SunCoke Energy Partners LP  (NYSE:SXCP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=18/589.8
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18 / 921.6)*(921.6 / 1626.45)*(1626.45 / 589.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.95 %*0.5666*2.7576
=ROA %*Equity Multiplier
=1.1 %*2.7576
=3.05 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=18/589.8
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18 / 19.2) * (19.2 / 76.8) * (76.8 / 921.6) * (921.6 / 1626.45) * (1626.45 / 589.8)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9375 * 0.25 * 8.33 % * 0.5666 * 2.7576
=3.05 %

Note: The net income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


SunCoke Energy Partners LP ROE % Related Terms

Thank you for viewing the detailed overview of SunCoke Energy Partners LP's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


SunCoke Energy Partners LP (SunCoke Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Partners LP produces coke used in the blast furnace production of steel. It also provides handling and mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers. The company's operating facilities are located in the states of Illinois, Indiana, Ohio, and Virginia across the United States, and international operations in Brazil and India. At the firm's domestic and export terminals, the support system for the coal producers and end users of steel, coke and power industries is available.
Executives
Alvin Bledsoe director 801 CHERRY STREET, SUITE 3400, UNIT 20, FORT WORTH TX 76102
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Phillip Michael Hardesty director, officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Allison S Lausas officer: Vice President & Controller C/O SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Somerhalder John W Ii director 76 SOUTH MAIN STREET, AKRON OH 44308
Michael G Rippey director, officer: Chairman, President & CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
C. Scott Hobbs director FIVE TEK PARK, 9999 HAMILTON BOULEVARD, BREINIGSVILLE PA 18031
Nancy M Snyder director FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Gary P Yeaw officer: Senior Vice President 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Katherine T Gates director, officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Frederick A. Henderson director, officer: Chairman and CEO SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Mark Newman director, officer: Senior VP and CFO 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Michael J Thomson director, officer: President and COO SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Denise R Singleton director, officer: See Remarks. 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Fay West officer: Vice President and Controller 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532