SunCoke Energy (STU:S01) ROCE % : 9.60% (As of Mar. 2024)

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What is SunCoke Energy ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. SunCoke Energy's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.60%.

SunCoke Energy ROCE % Historical Data

The historical data trend for SunCoke Energy's ROCE % 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.

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SunCoke Energy ROCE % Chart

SunCoke Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-8.43

4.77

7.87

11.08

8.60

SunCoke Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.80	10.43	8.40	7.24	9.60

SunCoke Energy ROCE % Calculation

SunCoke Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	114.717	/	( ( (1561.942 - 211.456)	+	(1522.587 - 205.225) )	/ 2 )
	=	114.717	/	( (1350.486	+	1317.362)	/ 2 )
	=	114.717	/	1333.924
	=	8.60 %

SunCoke Energy's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	126.96	/	( ( (1522.587 - 205.225)	+	(1521.036 - 193.016) )	/ 2 )
	=	126.96	/	( ( 1317.362	+	1328.02 )	/ 2 )
	=	126.96	/	1322.691
	=	9.60 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

SunCoke Energy (STU:S01) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

SunCoke Energy ROCE % Related Terms

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SunCoke Energy (STU:S01) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SunCoke Energy Inc (STU:S01) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SXC:USA S01:Germany

Address

1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532

Website

https://www.suncoke.com

SunCoke Energy Inc operates as an independent producer of coke in the Americas. 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.

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