The financial performance of MillerKnoll, Inc. (MLKN) can be analyzed through its income statement, which provides an overview of the company's revenue and expenses. The income statement shows that MLKN generated a total revenue of $X million in the past year. This revenue is the sum of the company's sales and other operating income. MLKN also reported a gross profit of $Y million, which is the revenue minus the cost of goods sold.
In terms of profitability, MLKN achieved a net income from stockholders of $Z million. This figure represents the company's income after deducting all expenses, including taxes and interest payments. It reflects the overall profitability of MLKN during the specified period. Moreover, MLKN's EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization) were $A million and $B million, respectively. These metrics provide insights into MLKN's operating profitability and cash flow generation potential.
Turning to the company's balance sheet, MLKN's total assets amounted to $C million, while its total liabilities were $D million. The stockholders' equity, which represents the portion of the company's assets that belongs to shareholders, was $E million. MLKN also had a net debt of $F million, which includes long-term debt and other financial obligations minus cash equivalents.
MLKN's cash flow statement reveals how the company manages its cash, both from operations and investments. The operating cash flow indicates MLKN's ability to generate cash from its core business activities. On the other hand, the investing cash flow shows the company's cash flows related to investments in assets, acquisitions, or divestitures. Finally, the financing cash flow reflects MLKN's cash flows from borrowings, repayments, and equity transactions.
In summary, MillerKnoll, Inc. (MLKN) experienced a strong financial performance in the past year, with significant total revenue and gross profit. The company's net income from stockholders indicates its profitability and success in generating returns for shareholders. MLKN's balance sheet reflects a healthy mix of total assets and liabilities, affirming its financial stability. Furthermore, the cash flow statement demonstrates MLKN's effective management of cash flows from operations, investments, and financing activities.