MillerKnoll Inc (MLKN)
Debt-to-equity ratio
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Mar 4, 2023 | Feb 28, 2023 | Dec 3, 2022 | Nov 30, 2022 | Sep 3, 2022 | Aug 31, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 1,365,100 | — | 1,415,100 | — | 1,434,800 | — | 1,484,400 | — | — | 1,379,200 |
| Total stockholders’ equity | US$ in thousands | 1,254,100 | 1,310,800 | 1,332,500 | 1,385,100 | 1,390,900 | 1,390,900 | 1,420,600 | 1,420,600 | 1,422,300 | 1,422,300 | 1,432,600 | 1,432,600 | 1,433,900 | 1,433,900 | 1,434,300 | 1,434,300 | 1,374,800 | 1,374,800 | 1,427,100 | 1,427,100 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.95 | 0.00 | 0.99 | 0.00 | 1.00 | 0.00 | 1.08 | 0.00 | 0.00 | 0.97 |
February 28, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,254,100K
= 0.00
The debt-to-equity ratio of MillerKnoll Inc has varied over time based on the provided data. It was 0.97 on May 28, 2022, indicating that the company had a higher level of debt relative to its equity at that time. Subsequently, on May 31, 2022, and August 31, 2022, the ratio dropped to 0.00, suggesting that the company had either reduced its debt levels significantly or increased its equity position.
The ratio then increased to 1.08 on September 3, 2022, indicating that the company had higher debt compared to its equity. This trend reversed again with a ratio of 0.00 reported on November 30, 2022.
On December 3, 2022, the debt-to-equity ratio stood at 1.00, showing a substantial debt relative to equity. This ratio decreased to 0.00 by February 28, 2023, suggesting a significant reduction in debt or an increase in equity during that period.
The ratio fluctuated between 0.95 and 0.00 from June 2023 to November 2024, indicating varying levels of debt to equity during that period. Overall, the debt-to-equity ratios of MillerKnoll Inc show fluctuations, suggesting adjustments in the company's capital structure over time.