HERMAN MILLER
HERMAN MILLER operates in Diversified Metals & Mining.
HERMAN MILLER (MHR) - Total Assets
Latest total assets as of August 2024: €4.02 Billion EUR
Based on the latest financial reports, HERMAN MILLER (MHR) holds total assets worth €4.02 Billion EUR as of August 2024.
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 - Total Assets Trend (2016–2024)
This chart illustrates how HERMAN MILLER’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HERMAN MILLER - Asset Composition Analysis
Current Asset Composition (May 2024)
HERMAN MILLER's total assets of €4.02 Billion consist of 26.5% current assets and 73.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 5.7% |
| Accounts Receivable | €308.30 Million | 7.6% |
| Inventory | €428.60 Million | 10.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €744.80 Million | 18.4% |
| Goodwill | €1.23 Billion | 30.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how HERMAN MILLER'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's current assets represent 26.5% of total assets in 2024, a decrease from 38.9% in 2016.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, down from 6.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 48.0% of total assets, an increase from 35.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 30.3% of total assets.
HERMAN MILLER Competitors by Total Assets
Key competitors of HERMAN MILLER based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
HERMAN MILLER - 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 generates 0.90x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, HERMAN MILLER generates $ 2.04 in net profit.
HERMAN MILLER - 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 | 1.59 | 1.56 | 1.39 |
| Quick Ratio | 0.93 | 0.89 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €396.10 Million | € 393.20 Million | € 185.40 Million |
HERMAN MILLER - Advanced Valuation Insights
This section examines the relationship between HERMAN MILLER'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | €4.04 Billion |
| Market Capitalization | $169.39K USD |
Valuation Analysis
Below Book Valuation: The market values HERMAN MILLER's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: HERMAN MILLER's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for HERMAN MILLER (2016–2024)
The table below shows the annual total assets of HERMAN MILLER from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-05-31 | €4.04 Billion | -5.41% |
| 2023-05-31 | €4.27 Billion | -5.30% |
| 2022-05-31 | €4.51 Billion | +117.35% |
| 2021-05-31 | €2.08 Billion | +1.11% |
| 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 | -- |