MillerKnoll Stock

MillerKnoll Liabilities 2024

MillerKnoll Liabilities

2.66 B USD

Ticker

MLKN

ISIN

US6005441000

WKN

863205

In 2024, MillerKnoll's total liabilities amounted to 2.66 B USD, a -13.88% difference from the 3.09 B USD total liabilities in the previous year.

MillerKnoll Aktienanalyse

What does MillerKnoll do?

Herman Miller Inc is an American furniture manufacturer based in Michigan that specializes in high-quality design, innovation, and sustainability. It has a long and proud history dating back to 1905, producing furniture that prioritizes style, comfort, and user-friendliness. The company was founded by D.J. De Pree as the Star Furniture Company and was later renamed after his daughter-in-law, Herman Miller. Herman Miller has been a pioneer in the furniture industry and has always emphasized design and dedicated working conditions for its employees. Herman Miller Inc operates on a business model based on manufacturing internationally recognized and award-winning furniture for office and home use. Their office furniture offerings include tables, cabinets, office chairs, side tables, shelves, and more. The company also designs and produces furniture for residential use, including sofas, armchairs, chairs, tables, lamps, and many other products. These products are known and valued as status symbols and exclusive furnishings in various countries. Herman Miller is particularly known for its ergonomics, high quality, and complementary designs. The company was honored with the World Sustainable Organizations Award in 2010 and 2011, highlighting its commitment to sustainability. The company's portfolio also includes brands such as Geiger, Maharam, Nemschoff, and Design Within Reach. Geiger combines design with the strength of America's renowned wood. Maharam offers textiles with exceptional colors and patterns to set new visual standards. Nemschoff specializes in providing purposeful design options for healthcare settings. Design Within Reach allows customers to create a dynamic environment by combining furniture, lighting, and accessories. With its design, Herman Miller has long been recognized and has been an indispensable part of many legendary offices, such as the fiftieth floor of the Time-Life Building in New York or the Eames House in Los Angeles. Their products also contribute to their distinct recognition value, such as the legendary Eames Lounge Chair, Noguchi Coffee Table, or Bubble Desk Clock. Another important aspect of the company is sustainability and environmental consciousness. Herman Miller, for example, sources 100% of the electricity used in its factories from renewable energy sources. They are a leading company in eco-design and sustainability, designing and manufacturing their products in an environmentally conscious and sustainable manner. In summary, Herman Miller Inc is a company with a long history and tradition in the production of high-quality, innovative, and sustainable furniture and design goods. MillerKnoll ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing MillerKnoll's Liabilities

MillerKnoll's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating MillerKnoll's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing MillerKnoll's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

MillerKnoll's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in MillerKnoll’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about MillerKnoll stock

What is the level of liabilities of MillerKnoll this year?

MillerKnoll has a debt balance of 2.66 B USD this year.

What were the liabilities of MillerKnoll compared to the previous year?

The liabilities of MillerKnoll have increased by -13.88% dropped compared to the previous year.

What are the consequences of high debt for investors of MillerKnoll?

High liabilities can pose a risk for investors of MillerKnoll, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in MillerKnoll?

Low liabilities mean that MillerKnoll has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of MillerKnoll affect the company?

An increase in liabilities of MillerKnoll can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of MillerKnoll affect the company?

A decrease in the liabilities of MillerKnoll can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of MillerKnoll?

Some factors that can influence the liabilities of MillerKnoll include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of MillerKnoll so important for investors?

The liabilities of MillerKnoll are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can MillerKnoll take to modify the liabilities?

To change its liabilities, MillerKnoll can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does MillerKnoll pay?

Over the past 12 months, MillerKnoll paid a dividend of 0.56 USD . This corresponds to a dividend yield of about 1.94 %. For the coming 12 months, MillerKnoll is expected to pay a dividend of 0.55 USD.

What is the dividend yield of MillerKnoll?

The current dividend yield of MillerKnoll is 1.94 %.

When does MillerKnoll pay dividends?

MillerKnoll pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of MillerKnoll?

MillerKnoll paid dividends every year for the past 23 years.

What is the dividend of MillerKnoll?

For the upcoming 12 months, dividends amounting to 0.55 USD are expected. This corresponds to a dividend yield of 1.91 %.

In which sector is MillerKnoll located?

MillerKnoll is assigned to the 'Industry' sector.

Wann musste ich die Aktien von MillerKnoll kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MillerKnoll from 10/15/2024 amounting to 0.188 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did MillerKnoll pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of MillerKnoll in the year 2023?

In the year 2023, MillerKnoll distributed 0.75 USD as dividends.

In which currency does MillerKnoll pay out the dividend?

The dividends of MillerKnoll are distributed in USD.

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Andere Kennzahlen von MillerKnoll

Our stock analysis for MillerKnoll Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MillerKnoll Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.