MillerKnoll Depreciation vs Stock Based Compensation Analysis

MLKN Stock  USD 24.42  0.52  2.09%   
MillerKnoll financial indicator trend analysis is infinitely more than just investigating MillerKnoll recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MillerKnoll is a good investment. Please check the relationship between MillerKnoll Depreciation and its Stock Based Compensation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.

Depreciation vs Stock Based Compensation

Depreciation vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MillerKnoll Depreciation account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between MillerKnoll's Depreciation and Stock Based Compensation is 0.76. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of MillerKnoll, assuming nothing else is changed. The correlation between historical values of MillerKnoll's Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of MillerKnoll are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., MillerKnoll's Depreciation and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of MillerKnoll value has been used up. For tax purposes MillerKnoll can deduct the cost of the tangible assets it purchases as business expenses. However, MillerKnoll must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from MillerKnoll's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MillerKnoll current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.At this time, MillerKnoll's Tax Provision is very stable compared to the past year. As of the 12th of December 2024, Issuance Of Capital Stock is likely to grow to about 6.9 M, while Selling General Administrative is likely to drop about 760.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue3.9B4.1B3.6B1.9B
Depreciation And Amortization190.6M155.1M178.4M187.3M

MillerKnoll fundamental ratios Correlations

0.980.170.960.990.990.960.570.381.0-0.270.360.820.170.990.990.740.951.00.960.940.980.750.310.41-0.47
0.980.040.910.950.970.990.450.330.99-0.230.310.770.261.00.960.70.970.990.920.980.990.690.370.46-0.4
0.170.040.40.220.23-0.080.80.780.1-0.240.790.33-0.570.070.150.34-0.110.140.41-0.090.010.35-0.34-0.38-0.5
0.960.910.40.950.950.870.670.470.94-0.230.450.86-0.050.920.950.810.860.950.970.850.910.830.170.22-0.55
0.990.950.220.950.980.920.630.380.98-0.340.360.820.160.950.970.720.920.970.950.90.960.740.280.39-0.48
0.990.970.230.950.980.940.610.450.98-0.340.430.810.20.980.980.740.930.990.970.920.970.750.340.44-0.49
0.960.99-0.080.870.920.940.350.180.98-0.170.150.760.310.980.950.690.990.970.860.990.990.680.410.49-0.35
0.570.450.80.670.630.610.350.760.51-0.420.750.72-0.160.470.560.610.340.520.710.310.440.680.110.07-0.59
0.380.330.780.470.380.450.180.760.31-0.361.00.37-0.210.340.340.310.120.370.610.20.250.32-0.03-0.02-0.44
1.00.990.10.940.980.980.980.510.31-0.250.290.810.210.990.980.730.970.990.930.960.990.740.330.43-0.45
-0.27-0.23-0.24-0.23-0.34-0.34-0.17-0.42-0.36-0.25-0.35-0.13-0.38-0.23-0.30.09-0.18-0.23-0.31-0.19-0.22-0.07-0.28-0.490.09
0.360.310.790.450.360.430.150.751.00.29-0.350.35-0.240.320.320.290.10.350.590.180.230.3-0.06-0.05-0.43
0.820.770.330.860.820.810.760.720.370.81-0.130.350.080.790.850.910.780.820.830.730.80.960.430.27-0.47
0.170.26-0.57-0.050.160.20.31-0.16-0.210.21-0.38-0.240.080.240.250.020.320.180.030.340.270.030.870.940.19
0.991.00.070.920.950.980.980.470.340.99-0.230.320.790.240.970.710.971.00.930.970.990.710.360.45-0.42
0.990.960.150.950.970.980.950.560.340.98-0.30.320.850.250.970.780.950.980.940.930.980.80.40.49-0.46
0.740.70.340.810.720.740.690.610.310.730.090.290.910.020.710.780.70.750.750.660.720.920.380.22-0.56
0.950.97-0.110.860.920.930.990.340.120.97-0.180.10.780.320.970.950.70.960.840.970.990.710.430.49-0.33
1.00.990.140.950.970.990.970.520.370.99-0.230.350.820.181.00.980.750.960.950.960.990.750.320.41-0.46
0.960.920.410.970.950.970.860.710.610.93-0.310.590.830.030.930.940.750.840.950.840.90.770.220.3-0.53
0.940.98-0.090.850.90.920.990.310.20.96-0.190.180.730.340.970.930.660.970.960.840.970.630.430.5-0.27
0.980.990.010.910.960.970.990.440.250.99-0.220.230.80.270.990.980.720.990.990.90.970.730.390.47-0.4
0.750.690.350.830.740.750.680.680.320.74-0.070.30.960.030.710.80.920.710.750.770.630.730.410.25-0.51
0.310.37-0.340.170.280.340.410.11-0.030.33-0.28-0.060.430.870.360.40.380.430.320.220.430.390.410.870.02
0.410.46-0.380.220.390.440.490.07-0.020.43-0.49-0.050.270.940.450.490.220.490.410.30.50.470.250.87-0.04
-0.47-0.4-0.5-0.55-0.48-0.49-0.35-0.59-0.44-0.450.09-0.43-0.470.19-0.42-0.46-0.56-0.33-0.46-0.53-0.27-0.4-0.510.02-0.04
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MillerKnoll Account Relationship Matchups

MillerKnoll fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B4.5B4.3B4.0B4.2B
Short Long Term Debt Total770.1M474M1.9B1.9B1.8B1.9B
Other Current Liab289.4M277.1M207.9M151.9M178.2M140.7M
Total Current Liabilities509.4M500.8M872.6M702.8M697.7M732.6M
Total Stockholder Equity643M849.6M1.4B1.4B1.4B1.5B
Property Plant And Equipment Net524.7M541.9M1.0B952.2M867.6M911.0M
Net Debt316.1M77.6M1.7B1.6B1.5B1.6B
Retained Earnings683.9M808.4M693.3M676.1M738.4M369.6M
Cash454M396.4M230.3M223.5M230.4M133.2M
Non Current Assets Total1.1B1.2B3.2B3.1B3.0B3.1B
Non Currrent Assets Other48.7M61.5M99.2M130.9M71.4M102.6M
Cash And Short Term Investments461M404.1M230.3M223.5M230.4M139.2M
Net Receivables199.5M221.1M380.9M363.5M330.5M200.0M
Common Stock Shares Outstanding58.9M59.4M73.2M76.0M74.0M61.7M
Liabilities And Stockholders Equity2.0B2.1B4.5B4.3B4.0B4.2B
Non Current Liabilities Total840.3M634.5M2.1B2.0B1.9B2.0B
Inventory197.3M213.6M587.3M487.4M428.6M450.0M
Other Current Assets60.7M52.7M119.4M101.8M80.1M48.2M
Other Stockholder Equity81.6M94.7M825.7M836.5M725.3M761.6M
Total Liab1.3B1.1B3.0B2.7B2.6B2.7B
Total Current Assets918.5M891.5M1.3B1.2B1.1B1.1B
Short Term Debt51.4M2.2M189.1M187.6M177.9M186.8M
Intangible Assets205.2M202.8M863.4M793.8M744.8M782.0M
Accounts Payable128.8M178.4M355.1M269.5M241.4M129.4M
Accumulated Other Comprehensive Income(134.3M)(65.3M)(107.1M)(95.1M)(92.7M)(97.3M)
Current Deferred Revenue39.8M43.1M125.3M93.8M100.2M53.5M
Good Will346M364.2M1.2B1.2B1.2B1.3B
Other Liab99.3M146.6M148.3M325.2M374.0M392.7M
Net Tangible Assets91.8M282.6M359.6M(475.3M)(427.8M)(406.4M)
Other Assets48.7M49.8M2.2B1.01.151.09
Long Term Debt281.9M539.9M274.9M1.4B1.3B676.2M
Net Invested Capital1.2B1.1B2.8B2.8B2.7B2.0B
Non Current Liabilities Other86.1M128.2M359.6M273M224.8M193.1M
Net Working Capital403.8M390.7M440.5M473.4M371.9M397.1M
Property Plant Equipment524.7M541.9M327.2M536.3M616.7M478.5M
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.