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SXC (SunCoke Energy) Asset Turnover : 0.29 (As of Dec. 2024)


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What is SunCoke Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SunCoke Energy's Revenue for the three months ended in Dec. 2024 was $486 Mil. SunCoke Energy's Total Assets for the quarter that ended in Dec. 2024 was $1,662 Mil. Therefore, SunCoke Energy's Asset Turnover for the quarter that ended in Dec. 2024 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. SunCoke Energy's annualized ROE % for the quarter that ended in Dec. 2024 was 14.16%. It is also linked to ROA % through Du Pont Formula. SunCoke Energy's annualized ROA % for the quarter that ended in Dec. 2024 was 5.71%.


SunCoke Energy Asset Turnover Historical Data

The historical data trend for SunCoke Energy's Asset Turnover 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 Asset Turnover Chart

SunCoke Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.90 1.21 1.25 1.16

SunCoke Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover 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 0.31 0.30 0.28 0.30 0.29

Competitive Comparison of SunCoke Energy's Asset Turnover

For the Coking Coal subindustry, SunCoke Energy's Asset Turnover, along with its competitors' market caps and Asset Turnover 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's Asset Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SunCoke Energy's Asset Turnover falls into.



SunCoke Energy Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

SunCoke Energy's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1935.4/( (1660.4+1668.2)/ 2 )
=1935.4/1664.3
=1.16

SunCoke Energy's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=486/( (1654.8+1668.2)/ 2 )
=486/1661.5
=0.29

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


SunCoke Energy  (NYSE:SXC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

SunCoke Energy's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=94.8/669.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(94.8 / 1944)*(1944 / 1661.5)*(1661.5/ 669.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.88 %*1.17*2.4821
=ROA %*Equity Multiplier
=5.71 %*2.4821
=14.16 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

SunCoke Energy's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=94.8/1661.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(94.8 / 1944)*(1944 / 1661.5)
=Net Margin %*Asset Turnover
=4.88 %*1.17
=5.71 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


SunCoke Energy Asset Turnover Related Terms

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


SunCoke Energy Business Description

Traded in Other Exchanges
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Inc operates as an independent producer of coke in the Americas. Its coke is primarily used as a principal raw material in the blast furnace steelmaking process as well as in the foundry production of casted iron. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing-based customers. The majority of revenue is derived from the Domestic Coke segment.
Executives
John F Quanci officer: Vice President, Technology and 1011 WARRENVILLE ROAD STE 600, LISLE IL 60532
Andrei Alexander Mikhalevsky director 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael G Rippey director, officer: President and CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Phillip Michael Hardesty officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael Ward Lewis director 2551 GLEN EAGLES DRIVE, OLYMPIA FIELDS IL 60461
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Mark W. Marinko officer: SR VP, Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Katherine T Gates officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Bonnie M Edeus officer: Vice President & Controller 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
John W Rowe director
Susan R. Landahl director 24545 S. MOORMAN AVENUE, CHANNAHON IL 60410
Mangrove Partners Fund (cayman), Ltd. 10 percent owner MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104