Herman Miller Inc
MillerKnoll, Inc. researches, designs, manufactures, sells, and distributes interior furnishings worldwide. It operates through North America Contract, International Contract, and Global Retail segments. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, … Read more
Herman Miller Inc (MHR) - Total Assets
Latest total assets as of November 2025: €3.95 Billion EUR
Based on the latest financial reports, Herman Miller Inc (MHR) holds total assets worth €3.95 Billion EUR as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Herman Miller Inc - Total Assets Trend (2014–2025)
This chart illustrates how Herman Miller Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Herman Miller Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Herman Miller Inc's total assets of €3.95 Billion consist of 28.1% current assets and 71.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 4.9% |
| Accounts Receivable | €350.20 Million | 8.9% |
| Inventory | €447.50 Million | 11.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €680.00 Million | 17.2% |
| Goodwill | €1.15 Billion | 29.2% |
Asset Composition Trend (2014–2025)
This chart illustrates how Herman Miller Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Herman Miller Inc's current assets represent 28.1% of total assets in 2025, a decrease from 45.6% in 2014.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2025, down from 10.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, an increase from 31.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 29.2% of total assets.
Herman Miller Inc Competitors by Total Assets
Key competitors of Herman Miller Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Herman Miller Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Herman Miller Inc generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Herman Miller Inc is currently not profitable relative to its asset base.
Herman Miller Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.67 | 1.60 | 1.74 |
| Quick Ratio | 0.95 | 0.99 | 1.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €446.70 Million | € 422.10 Million | € 368.60 Million |
Herman Miller Inc - Advanced Valuation Insights
This section examines the relationship between Herman Miller Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.14 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -2.3% |
| Total Assets | €3.95 Billion |
| Market Capitalization | $1.11 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Herman Miller Inc's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Herman Miller Inc's assets decreased by 2.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Herman Miller Inc (2014–2025)
The table below shows the annual total assets of Herman Miller Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | €3.95 Billion | -2.31% |
| 2024-05-31 | €4.04 Billion | -5.41% |
| 2023-05-31 | €4.27 Billion | -5.20% |
| 2022-05-31 | €4.51 Billion | +118.69% |
| 2021-05-31 | €2.06 Billion | +0.39% |
| 2020-05-31 | €2.05 Billion | +30.88% |
| 2019-05-31 | €1.57 Billion | +6.07% |
| 2018-05-31 | €1.48 Billion | +13.26% |
| 2017-05-31 | €1.31 Billion | +5.76% |
| 2016-05-31 | €1.24 Billion | +3.56% |
| 2015-05-31 | €1.19 Billion | +20.37% |
| 2014-05-31 | €990.90 Million | -- |