Karat Current Ratio from 2010 to 2024

KRT Stock  USD 30.64  1.04  3.51%   
Karat Packaging Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.4893133
Current Value
3.66
Quarterly Volatility
1.11767873
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Karat Packaging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Karat Packaging's main balance sheet or income statement drivers, such as Tax Provision of 9.9 M, Depreciation And Amortization of 9.6 M or Interest Expense of 2.9 M, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0493 or PTB Ratio of 3.05. Karat financial statements analysis is a perfect complement when working with Karat Packaging Valuation or Volatility modules.
  
Check out the analysis of Karat Packaging Correlation against competitors.
For more information on how to buy Karat Stock please use our How to Invest in Karat Packaging guide.

Latest Karat Packaging's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Karat Packaging over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Karat Packaging's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Karat Packaging's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.59 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Karat Current Ratio Regression Statistics

Arithmetic Mean1.69
Geometric Mean1.41
Coefficient Of Variation66.00
Mean Deviation0.94
Median0.93
Standard Deviation1.12
Sample Variance1.25
Range2.873
R-Value0.85
Mean Square Error0.37
R-Squared0.72
Significance0.000061
Slope0.21
Total Sum of Squares17.49

Karat Current Ratio History

2024 3.66
2023 3.49
2022 3.15
2021 3.34
2020 1.85
2019 1.7
2018 0.79

About Karat Packaging Financial Statements

Karat Packaging shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Karat Packaging investors may analyze each financial statement separately, they are all interrelated. The changes in Karat Packaging's assets and liabilities, for example, are also reflected in the revenues and expenses on on Karat Packaging's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 3.49  3.66 

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Additional Tools for Karat Stock Analysis

When running Karat Packaging's price analysis, check to measure Karat Packaging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Karat Packaging is operating at the current time. Most of Karat Packaging's value examination focuses on studying past and present price action to predict the probability of Karat Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karat Packaging's price. Additionally, you may evaluate how the addition of Karat Packaging to your portfolios can decrease your overall portfolio volatility.