Millerknoll Stock Current Asset

MLKN Stock  USD 24.53  0.80  3.37%   
MillerKnoll fundamentals help investors to digest information that contributes to MillerKnoll's financial success or failures. It also enables traders to predict the movement of MillerKnoll Stock. The fundamental analysis module provides a way to measure MillerKnoll's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MillerKnoll stock.
At this time, MillerKnoll's Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Total Current Assets is likely to grow to about 1.1 B, while Other Current Assets are likely to drop about 48.2 M.
  
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MillerKnoll Company Current Asset Analysis

MillerKnoll's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

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Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

MillerKnoll Current Asset Historical Pattern

Today, most investors in MillerKnoll Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MillerKnoll's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MillerKnoll current asset as a starting point in their analysis.
   MillerKnoll Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

MillerKnoll Total Assets

Total Assets

4.25 Billion

At this time, MillerKnoll's Total Assets are very stable compared to the past year.
In accordance with the recently published financial statements, MillerKnoll has a Current Asset of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.

MillerKnoll Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MillerKnoll's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MillerKnoll could also be used in its relative valuation, which is a method of valuing MillerKnoll by comparing valuation metrics of similar companies.
MillerKnoll is currently under evaluation in current asset category among its peers.

MillerKnoll ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MillerKnoll's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MillerKnoll's managers, analysts, and investors.
Environmental
Governance
Social

MillerKnoll Fundamentals

About MillerKnoll Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MillerKnoll's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MillerKnoll using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MillerKnoll based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out MillerKnoll Piotroski F Score and MillerKnoll Altman Z Score analysis.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MillerKnoll. If investors know MillerKnoll will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MillerKnoll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.604
Dividend Share
0.75
Earnings Share
0.87
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.