MillerKnoll Interest Coverage from 2010 to 2026
| MLKN Stock | USD 22.54 0.65 2.97% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 0.59 | Current Value 0.56 | Quarterly Volatility 0.62560789 |
Check MillerKnoll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MillerKnoll's main balance sheet or income statement drivers, such as Depreciation And Amortization of 169.7 M, Total Revenue of 4.4 B or Gross Profit of 1.7 B, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.042 or PTB Ratio of 0.78. MillerKnoll financial statements analysis is a perfect complement when working with MillerKnoll Valuation or Volatility modules.
MillerKnoll | Interest Coverage | Build AI portfolio with MillerKnoll Stock |
Evaluating MillerKnoll's Interest Coverage across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into MillerKnoll's fundamental strength.
Latest MillerKnoll's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of MillerKnoll over the last few years. It is MillerKnoll's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MillerKnoll's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
MillerKnoll Interest Coverage Regression Statistics
| Arithmetic Mean | 1.91 | |
| Geometric Mean | 1.75 | |
| Coefficient Of Variation | 32.70 | |
| Mean Deviation | 0.46 | |
| Median | 2.19 | |
| Standard Deviation | 0.63 | |
| Sample Variance | 0.39 | |
| Range | 1.6342 | |
| R-Value | (0.66) | |
| Mean Square Error | 0.23 | |
| R-Squared | 0.44 | |
| Significance | 0 | |
| Slope | (0.08) | |
| Total Sum of Squares | 6.26 |
MillerKnoll Interest Coverage History
About MillerKnoll Financial Statements
MillerKnoll investors utilize fundamental indicators, such as Interest Coverage, to predict how MillerKnoll Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 0.59 | 0.56 |
Pair Trading with MillerKnoll
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MillerKnoll position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MillerKnoll will appreciate offsetting losses from the drop in the long position's value.Moving together with MillerKnoll Stock
| 0.71 | NL | NL Industries | PairCorr |
| 0.85 | GDI | GDI Integrated | PairCorr |
| 0.87 | DXT | Dexterra Group | PairCorr |
| 0.7 | CIX | CompX International | PairCorr |
Moving against MillerKnoll Stock
The ability to find closely correlated positions to MillerKnoll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MillerKnoll when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MillerKnoll - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MillerKnoll to buy it.
The correlation of MillerKnoll is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MillerKnoll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MillerKnoll moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MillerKnoll can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of MillerKnoll Correlation against competitors. To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Will Commercial Services & Supplies sector continue expanding? Could MillerKnoll diversify its offerings? Factors like these will boost the valuation of MillerKnoll. Expected growth trajectory for MillerKnoll significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every MillerKnoll data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.29) | Dividend Share 0.75 | Earnings Share (0.37) | Revenue Per Share | Quarterly Revenue Growth (0.02) |
Investors evaluate MillerKnoll using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating MillerKnoll's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause MillerKnoll's market price to deviate significantly from intrinsic value.
Understanding that MillerKnoll's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether MillerKnoll represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, MillerKnoll's market price signifies the transaction level at which participants voluntarily complete trades.