MillerKnoll Intangible Assets vs Property Plant And Equipment Net Analysis
MLKN Stock | USD 25.45 0.20 0.79% |
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 Intangible Assets and its Property Plant And Equipment Net 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.
Intangible Assets vs Property Plant And Equipment Net
Intangible Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MillerKnoll Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MillerKnoll's Intangible Assets and Property Plant And Equipment Net is 0.97. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of MillerKnoll, assuming nothing else is changed. The correlation between historical values of MillerKnoll's Intangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of MillerKnoll are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., MillerKnoll's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 28th of November 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 Revenue | 3.9B | 4.1B | 3.6B | 1.9B | Depreciation And Amortization | 190.6M | 155.1M | 178.4M | 187.3M |
MillerKnoll fundamental ratios Correlations
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MillerKnoll Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MillerKnoll fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.1B | 4.5B | 4.3B | 4.0B | 4.2B | |
Short Long Term Debt Total | 770.1M | 474M | 1.9B | 1.9B | 1.8B | 1.9B | |
Other Current Liab | 289.4M | 277.1M | 207.9M | 151.9M | 178.2M | 140.7M | |
Total Current Liabilities | 509.4M | 500.8M | 872.6M | 702.8M | 697.7M | 732.6M | |
Total Stockholder Equity | 643M | 849.6M | 1.4B | 1.4B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 524.7M | 541.9M | 1.0B | 952.2M | 867.6M | 911.0M | |
Net Debt | 316.1M | 77.6M | 1.7B | 1.6B | 1.5B | 1.6B | |
Retained Earnings | 683.9M | 808.4M | 693.3M | 676.1M | 738.4M | 369.6M | |
Cash | 454M | 396.4M | 230.3M | 223.5M | 230.4M | 133.2M | |
Non Current Assets Total | 1.1B | 1.2B | 3.2B | 3.1B | 3.0B | 3.1B | |
Non Currrent Assets Other | 48.7M | 61.5M | 99.2M | 130.9M | 71.4M | 102.6M | |
Cash And Short Term Investments | 461M | 404.1M | 230.3M | 223.5M | 230.4M | 139.2M | |
Net Receivables | 199.5M | 221.1M | 380.9M | 363.5M | 330.5M | 200.0M | |
Common Stock Shares Outstanding | 58.9M | 59.4M | 73.2M | 76.0M | 74.0M | 61.7M | |
Liabilities And Stockholders Equity | 2.0B | 2.1B | 4.5B | 4.3B | 4.0B | 4.2B | |
Non Current Liabilities Total | 840.3M | 634.5M | 2.1B | 2.0B | 1.9B | 2.0B | |
Inventory | 197.3M | 213.6M | 587.3M | 487.4M | 428.6M | 450.0M | |
Other Current Assets | 60.7M | 52.7M | 119.4M | 101.8M | 80.1M | 48.2M | |
Other Stockholder Equity | 81.6M | 94.7M | 825.7M | 836.5M | 725.3M | 761.6M | |
Total Liab | 1.3B | 1.1B | 3.0B | 2.7B | 2.6B | 2.7B | |
Total Current Assets | 918.5M | 891.5M | 1.3B | 1.2B | 1.1B | 1.1B | |
Short Term Debt | 51.4M | 2.2M | 189.1M | 187.6M | 177.9M | 186.8M | |
Intangible Assets | 205.2M | 202.8M | 863.4M | 793.8M | 744.8M | 782.0M | |
Accounts Payable | 128.8M | 178.4M | 355.1M | 269.5M | 241.4M | 129.4M | |
Accumulated Other Comprehensive Income | (134.3M) | (65.3M) | (107.1M) | (95.1M) | (92.7M) | (97.3M) | |
Current Deferred Revenue | 39.8M | 43.1M | 125.3M | 93.8M | 100.2M | 53.5M | |
Good Will | 346M | 364.2M | 1.2B | 1.2B | 1.2B | 1.3B | |
Other Liab | 99.3M | 146.6M | 148.3M | 325.2M | 374.0M | 392.7M | |
Net Tangible Assets | 91.8M | 282.6M | 359.6M | (475.3M) | (427.8M) | (406.4M) | |
Other Assets | 48.7M | 49.8M | 2.2B | 1.0 | 1.15 | 1.09 | |
Long Term Debt | 281.9M | 539.9M | 274.9M | 1.4B | 1.3B | 676.2M | |
Net Invested Capital | 1.2B | 1.1B | 2.8B | 2.8B | 2.7B | 2.0B | |
Non Current Liabilities Other | 86.1M | 128.2M | 359.6M | 273M | 224.8M | 193.1M | |
Net Working Capital | 403.8M | 390.7M | 440.5M | 473.4M | 371.9M | 397.1M | |
Property Plant Equipment | 524.7M | 541.9M | 327.2M | 536.3M | 616.7M | 478.5M |
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.