MillerKnoll Short Term Investments vs Net Working Capital 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 Short Term Investments and its Net Working Capital 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.

Short Term Investments vs Net Working Capital

Short Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MillerKnoll Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MillerKnoll's Short Term Investments and Net Working Capital is -0.45. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of MillerKnoll, assuming nothing else is changed. The correlation between historical values of MillerKnoll's Short Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of MillerKnoll are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Investments i.e., MillerKnoll's Short Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of MillerKnoll balance sheet. It contains any investments MillerKnoll undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that MillerKnoll can easily liquidate in the marketplace.

Net Working Capital

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

Total Revenue Depreciation And Amortization

MillerKnoll fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Current Deferred Revenue	Short Term Investments
Total Assets		0.98	0.17	0.96	0.99	0.99	0.96	0.57	0.38	1.0	-0.27	0.36	0.82	0.17	0.99	0.99	0.74	0.95	1.0	0.96	0.94	0.98	0.75	0.31	0.41	-0.47
Short Long Term Debt Total	0.98		0.04	0.91	0.95	0.97	0.99	0.45	0.33	0.99	-0.23	0.31	0.77	0.26	1.0	0.96	0.7	0.97	0.99	0.92	0.98	0.99	0.69	0.37	0.46	-0.4
Other Current Liab	0.17	0.04		0.4	0.22	0.23	-0.08	0.8	0.78	0.1	-0.24	0.79	0.33	-0.57	0.07	0.15	0.34	-0.11	0.14	0.41	-0.09	0.01	0.35	-0.34	-0.38	-0.5
Total Current Liabilities	0.96	0.91	0.4		0.95	0.95	0.87	0.67	0.47	0.94	-0.23	0.45	0.86	-0.05	0.92	0.95	0.81	0.86	0.95	0.97	0.85	0.91	0.83	0.17	0.22	-0.55
Total Stockholder Equity	0.99	0.95	0.22	0.95		0.98	0.92	0.63	0.38	0.98	-0.34	0.36	0.82	0.16	0.95	0.97	0.72	0.92	0.97	0.95	0.9	0.96	0.74	0.28	0.39	-0.48
Property Plant And Equipment Net	0.99	0.97	0.23	0.95	0.98		0.94	0.61	0.45	0.98	-0.34	0.43	0.81	0.2	0.98	0.98	0.74	0.93	0.99	0.97	0.92	0.97	0.75	0.34	0.44	-0.49
Net Debt	0.96	0.99	-0.08	0.87	0.92	0.94		0.35	0.18	0.98	-0.17	0.15	0.76	0.31	0.98	0.95	0.69	0.99	0.97	0.86	0.99	0.99	0.68	0.41	0.49	-0.35
Retained Earnings	0.57	0.45	0.8	0.67	0.63	0.61	0.35		0.76	0.51	-0.42	0.75	0.72	-0.16	0.47	0.56	0.61	0.34	0.52	0.71	0.31	0.44	0.68	0.11	0.07	-0.59
Cash	0.38	0.33	0.78	0.47	0.38	0.45	0.18	0.76		0.31	-0.36	1.0	0.37	-0.21	0.34	0.34	0.31	0.12	0.37	0.61	0.2	0.25	0.32	-0.03	-0.02	-0.44
Non Current Assets Total	1.0	0.99	0.1	0.94	0.98	0.98	0.98	0.51	0.31		-0.25	0.29	0.81	0.21	0.99	0.98	0.73	0.97	0.99	0.93	0.96	0.99	0.74	0.33	0.43	-0.45
Non Currrent Assets Other	-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	-0.3	0.09	-0.18	-0.23	-0.31	-0.19	-0.22	-0.07	-0.28	-0.49	0.09
Cash And Short Term Investments	0.36	0.31	0.79	0.45	0.36	0.43	0.15	0.75	1.0	0.29	-0.35		0.35	-0.24	0.32	0.32	0.29	0.1	0.35	0.59	0.18	0.23	0.3	-0.06	-0.05	-0.43
Net Receivables	0.82	0.77	0.33	0.86	0.82	0.81	0.76	0.72	0.37	0.81	-0.13	0.35		0.08	0.79	0.85	0.91	0.78	0.82	0.83	0.73	0.8	0.96	0.43	0.27	-0.47
Common Stock Shares Outstanding	0.17	0.26	-0.57	-0.05	0.16	0.2	0.31	-0.16	-0.21	0.21	-0.38	-0.24	0.08		0.24	0.25	0.02	0.32	0.18	0.03	0.34	0.27	0.03	0.87	0.94	0.19
Non Current Liabilities Total	0.99	1.0	0.07	0.92	0.95	0.98	0.98	0.47	0.34	0.99	-0.23	0.32	0.79	0.24		0.97	0.71	0.97	1.0	0.93	0.97	0.99	0.71	0.36	0.45	-0.42
Inventory	0.99	0.96	0.15	0.95	0.97	0.98	0.95	0.56	0.34	0.98	-0.3	0.32	0.85	0.25	0.97		0.78	0.95	0.98	0.94	0.93	0.98	0.8	0.4	0.49	-0.46
Other Current Assets	0.74	0.7	0.34	0.81	0.72	0.74	0.69	0.61	0.31	0.73	0.09	0.29	0.91	0.02	0.71	0.78		0.7	0.75	0.75	0.66	0.72	0.92	0.38	0.22	-0.56
Other Stockholder Equity	0.95	0.97	-0.11	0.86	0.92	0.93	0.99	0.34	0.12	0.97	-0.18	0.1	0.78	0.32	0.97	0.95	0.7		0.96	0.84	0.97	0.99	0.71	0.43	0.49	-0.33
Total Liab	1.0	0.99	0.14	0.95	0.97	0.99	0.97	0.52	0.37	0.99	-0.23	0.35	0.82	0.18	1.0	0.98	0.75	0.96		0.95	0.96	0.99	0.75	0.32	0.41	-0.46
Total Current Assets	0.96	0.92	0.41	0.97	0.95	0.97	0.86	0.71	0.61	0.93	-0.31	0.59	0.83	0.03	0.93	0.94	0.75	0.84	0.95		0.84	0.9	0.77	0.22	0.3	-0.53
Short Term Debt	0.94	0.98	-0.09	0.85	0.9	0.92	0.99	0.31	0.2	0.96	-0.19	0.18	0.73	0.34	0.97	0.93	0.66	0.97	0.96	0.84		0.97	0.63	0.43	0.5	-0.27
Intangible Assets	0.98	0.99	0.01	0.91	0.96	0.97	0.99	0.44	0.25	0.99	-0.22	0.23	0.8	0.27	0.99	0.98	0.72	0.99	0.99	0.9	0.97		0.73	0.39	0.47	-0.4
Accounts Payable	0.75	0.69	0.35	0.83	0.74	0.75	0.68	0.68	0.32	0.74	-0.07	0.3	0.96	0.03	0.71	0.8	0.92	0.71	0.75	0.77	0.63	0.73		0.41	0.25	-0.51
Common Stock	0.31	0.37	-0.34	0.17	0.28	0.34	0.41	0.11	-0.03	0.33	-0.28	-0.06	0.43	0.87	0.36	0.4	0.38	0.43	0.32	0.22	0.43	0.39	0.41		0.87	0.02
Current Deferred Revenue	0.41	0.46	-0.38	0.22	0.39	0.44	0.49	0.07	-0.02	0.43	-0.49	-0.05	0.27	0.94	0.45	0.49	0.22	0.49	0.41	0.3	0.5	0.47	0.25	0.87		-0.04
Short Term Investments	-0.47	-0.4	-0.5	-0.55	-0.48	-0.49	-0.35	-0.59	-0.44	-0.45	0.09	-0.43	-0.47	0.19	-0.42	-0.46	-0.56	-0.33	-0.46	-0.53	-0.27	-0.4	-0.51	0.02	-0.04

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MillerKnoll Account Relationship Matchups

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

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:

How To Invest In MillerKnoll

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Is MillerKnoll Stock a good investment?

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What is MillerKnoll's Net Worth?

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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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.

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MillerKnoll Short Term Investments vs Net Working Capital Analysis

Short Term Investments vs Net Working Capital

Short Term Investments vs Net Working Capital Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Working Capital

MillerKnoll fundamental ratios Correlations

MillerKnoll Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MillerKnoll fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets

Short Term Investments	- 0.59	Retained Earnings
Common Stock Shares Outstanding	- 0.57	Other Current Liab
Short Term Investments	- 0.56	Other Current Assets
Short Term Investments	- 0.55	Total Current Liabilities
Short Term Investments	- 0.53	Total Current Assets
Short Term Investments	- 0.51	Accounts Payable