Karat Historical Balance Sheet

KRT Stock  USD 30.87  0.23  0.75%   
Trend analysis of Karat Packaging balance sheet accounts such as Total Current Liabilities of 34.2 M provides information on Karat Packaging's total assets, liabilities, and equity, which is the actual value of Karat Packaging to its prevalent stockholders. By breaking down trends over time using Karat Packaging balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Karat Packaging latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Karat Packaging is a good buy for the upcoming year.

Karat Packaging Inventory

54 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our How to Invest in Karat Packaging guide.

About Karat Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Karat Packaging at a specified time, usually calculated after every quarter, six months, or one year. Karat Packaging Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Karat Packaging and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Karat currently owns. An asset can also be divided into two categories, current and non-current.

Karat Packaging Balance Sheet Chart

At this time, Karat Packaging's Net Tangible Assets are comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 1.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 5.4 M in 2024.

Total Assets

Total assets refers to the total amount of Karat Packaging assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Karat Packaging books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Karat Packaging balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Karat Packaging are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Long Term Debt

Long-term debt is a debt that Karat Packaging has held for over one year. Long-term debt appears on Karat Packaging balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Karat Packaging balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Karat Packaging's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Karat Packaging current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our How to Invest in Karat Packaging guide.At this time, Karat Packaging's Net Tangible Assets are comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 1.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 5.4 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total36.5M58.6M71.0M66.4M
Total Assets207.6M252.2M276.4M190.3M

Karat Packaging balance sheet Correlations

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0.80.41-0.59-0.410.830.950.740.460.010.970.670.730.190.020.390.970.690.820.790.510.930.830.690.80.52
0.990.74-0.71-0.510.880.841.00.640.490.810.980.730.520.470.80.620.970.80.820.880.570.960.980.890.85
0.450.25-0.6-0.130.420.310.450.750.20.180.430.190.520.970.30.010.540.330.590.34-0.050.410.390.50.32
0.370.34-0.5-0.140.280.150.40.650.360.020.420.020.470.970.39-0.150.480.170.420.4-0.190.310.360.370.38
0.730.95-0.41-0.50.460.470.80.340.870.460.90.390.80.30.390.370.750.370.380.990.380.640.830.460.97
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0.880.3-0.47-0.420.980.90.820.48-0.030.870.690.820.80.330.170.370.730.810.820.50.670.920.750.960.46
0.840.38-0.73-0.250.860.870.80.860.070.80.730.790.820.590.420.380.690.820.820.490.620.830.740.90.51
0.830.94-0.5-0.510.590.580.880.410.810.570.950.510.880.340.40.990.470.820.50.490.460.750.90.580.98
0.650.45-0.37-0.290.620.810.60.330.080.860.570.930.57-0.05-0.190.380.990.510.670.620.460.650.550.580.51
0.990.58-0.68-0.520.970.920.970.540.270.90.90.830.960.410.310.640.710.930.920.830.750.650.940.950.72
0.960.78-0.7-0.50.840.80.990.540.550.790.980.690.980.390.360.830.590.930.750.740.90.550.940.830.88
0.930.36-0.62-0.510.990.920.880.610.050.870.770.80.890.50.370.460.670.910.960.90.580.580.950.830.53
0.80.98-0.55-0.360.540.560.860.470.850.560.940.520.850.320.380.970.50.760.460.510.980.510.720.880.53
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Karat Packaging Account Relationship Matchups

Karat Packaging balance sheet Accounts

201920202021202220232024 (projected)
Total Assets133.4M181.1M207.6M252.2M276.4M190.3M
Short Long Term Debt Total75.2M98.6M36.5M58.6M71.0M66.4M
Other Current Liab9.0M6.3M7.8M2.3M7.4M5.4M
Total Current Liabilities35.9M43.1M30.8M39.3M44.4M34.2M
Total Stockholder Equity15.7M32.4M122.9M141.7M154.1M77.2M
Net Tangible Assets15.7M29.3M119.0M137.8M158.5M166.4M
Property Plant And Equipment Net59.0M95.5M93.5M111.3M116.0M83.8M
Current Deferred Revenue676K551K1.2M1.3M951K1.1M
Net Debt74.4M98.1M30.0M42.6M47.9M42.7M
Retained Earnings1.7M18.7M39.4M56.1M67.7M71.1M
Accounts Payable19.0M25.1M20.5M23.5M23.8M21.8M
Cash802K448K6.5M16.0M23.1M24.2M
Non Current Assets Total72.3M101.3M104.7M128.4M121.5M94.0M
Non Currrent Assets Other9.8M161K7.4M13.2M1.7M1.6M
Other Assets13.3M2.7M7.4M13.2M1.00.95
Long Term Debt67.4M86.6M35.3M41.6M48.4M47.0M
Cash And Short Term Investments802K448K6.5M16.0M49.4M51.9M
Net Receivables21.7M23.8M32.8M29.9M27.8M25.6M
Common Stock Shares Outstanding15.2M15.4M19.8M19.9M20.0M19.5M
Liabilities And Stockholders Equity133.4M181.1M207.6M252.2M276.4M190.3M
Non Current Liabilities Total73.4M98.1M44.8M61.0M69.3M57.8M
Capital Lease Obligations951K611K0.04.5M21.5M22.6M
Inventory35.4M49.0M58.5M71.2M71.5M54.0M
Other Current Assets3.1M6.5M5.1M6.6M6.2M4.9M
Total Liab109.3M141.2M75.6M100.2M113.7M104.9M
Net Invested Capital90.0M130.3M159.4M957K203.6M108.6M
Property Plant And Equipment Gross59.0M95.5M133.8M111.3M165.7M97.9M
Short Long Term Debt6.9M11.4M1.2M957K1.1M1.1M
Total Current Assets61.0M79.8M102.9M123.8M154.9M96.2M
Net Working Capital25.1M36.6M72.1M84.5M110.5M116.1M
Short Term Debt7.2M11.7M1.2M10.0M10.7M11.8M
Property Plant Equipment59.0M95.5M93.5M95.6M109.9M73.6M
Other Liab4.1M8.4M9.5M7.8M9.0M6.9M

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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.