SXCSunCoke Energy, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -81% · now 8% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can SXC take a bad year?
SunCoke Energy, Inc. carries $611M of net debt at 4.70× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.70×
Net debt / EBITDA · 1.30× a year ago · the load is going up
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 42%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $654M
- Cash and short-term investments
- $43M
- Net debt
- $611M
- EBITDA, trailing twelve months
- $130M
- Operating profit, trailing twelve months
- −$51M
- Debt / equity
- 1.12×
- Total debt / EBITDA
- 5.03×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −81%
- Below its 52-week high
- 8.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.