Karat Historical Income Statement

KRT Stock  USD 30.87  0.23  0.75%   
Historical analysis of Karat Packaging income statement accounts such as Selling General Administrative of 51 M can show how well Karat Packaging performed in making a profits. Evaluating Karat Packaging income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Karat Packaging's future profits or losses.
 
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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.
  
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 Income Statement Analysis

Karat Packaging Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Karat Packaging shareholders. The income statement also shows Karat investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Karat Packaging Income Statement Chart

At this time, Karat Packaging's Tax Provision is comparatively stable compared to the past year. Interest Expense is likely to gain to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 51 M in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Karat Packaging's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 Tax Provision is comparatively stable compared to the past year. Interest Expense is likely to gain to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 51 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.4M2.0M2.0M2.9M
Depreciation And Amortization10.0M14.2M15.8M9.6M

Karat Packaging income statement Correlations

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0.090.1-0.850.190.050.040.10.040.030.210.070.080.010.130.090.180.830.180.1-0.340.18-0.2
0.920.10.330.990.990.981.00.970.960.90.970.980.960.991.00.910.270.890.91-0.840.08-0.48
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0.90.190.990.260.980.980.980.970.910.890.930.950.961.00.990.90.380.880.89-0.870.12-0.49
0.910.050.990.350.980.990.990.990.940.90.950.960.980.990.990.90.30.890.9-0.880.04-0.47
0.910.040.980.380.980.990.981.00.930.890.930.950.990.990.990.90.290.880.9-0.860.14-0.44
0.920.11.00.320.980.990.980.970.970.920.970.990.960.991.00.920.280.910.91-0.860.04-0.49
0.90.040.970.380.970.991.00.970.910.880.910.941.00.980.980.890.30.870.89-0.860.16-0.44
0.90.030.960.350.910.940.930.970.910.911.00.990.890.930.950.910.140.910.9-0.79-0.04-0.47
0.970.210.90.240.890.90.890.920.880.910.910.910.860.90.91.00.321.00.97-0.92-0.1-0.74
0.90.070.970.330.930.950.930.970.911.00.911.00.90.940.960.910.170.910.9-0.790.01-0.47
0.910.080.980.330.950.960.950.990.940.990.911.00.920.960.980.920.190.910.9-0.810.03-0.47
0.890.010.960.410.960.980.990.961.00.890.860.90.920.970.960.870.280.850.88-0.840.19-0.41
0.910.130.990.31.00.990.990.990.980.930.90.940.960.970.990.910.340.890.9-0.880.07-0.49
0.910.091.00.340.990.990.991.00.980.950.90.960.980.960.990.910.260.890.91-0.840.1-0.47
0.980.180.910.270.90.90.90.920.890.911.00.910.920.870.910.910.31.00.98-0.91-0.11-0.75
0.220.830.27-0.710.380.30.290.280.30.140.320.170.190.280.340.260.30.280.22-0.60.17-0.16
0.970.180.890.260.880.890.880.910.870.911.00.910.910.850.890.891.00.280.97-0.9-0.13-0.75
1.00.10.910.350.890.90.90.910.890.90.970.90.90.880.90.910.980.220.97-0.87-0.14-0.76
-0.87-0.34-0.84-0.02-0.87-0.88-0.86-0.86-0.86-0.79-0.92-0.79-0.81-0.84-0.88-0.84-0.91-0.6-0.9-0.870.110.63
-0.130.180.08-0.050.120.040.140.040.16-0.04-0.10.010.030.190.070.1-0.110.17-0.13-0.140.110.48
-0.75-0.2-0.48-0.17-0.49-0.47-0.44-0.49-0.44-0.47-0.74-0.47-0.47-0.41-0.49-0.47-0.75-0.16-0.75-0.760.630.48
Click cells to compare fundamentals

Karat Packaging Account Relationship Matchups

Karat Packaging income statement Accounts

201920202021202220232024 (projected)
Tax Provision781K5.3M5.1M6.7M9.4M9.9M
Net Interest Income(4.8M)(5.5M)(1.4M)209K(851K)(893.6K)
Depreciation And Amortization5.7M8.6M10.0M14.2M15.8M9.6M
Interest Expense4.8M5.5M1.4M2.0M2.0M2.9M
Selling General Administrative38.7M39.2M52.4M66.2M67.0M51.0M
Selling And Marketing Expenses16.5M22.2M32.3M35.8M41.5M25.8M
Total Revenue224.9M295.5M364.2M423.0M405.7M318.8M
Gross Profit61.0M89.1M107.8M132.1M153.0M98.7M
Other Operating Expenses219.1M267.8M341.1M392.9M363.6M297.3M
Operating Income5.8M27.7M23.1M30.0M42.1M21.5M
Net Income From Continuing Ops2.2M16.7M22.4M25.8M33.5M35.2M
Ebit5.8M27.7M23.1M34.5M44.6M22.7M
Ebitda11.6M36.3M33.2M48.8M60.4M32.4M
Cost Of Revenue163.9M206.4M256.4M290.9M252.6M220.1M
Total Operating Expenses55.2M61.4M84.7M102.1M111.0M77.1M
Reconciled Depreciation6.0M8.6M10.0M14.2M15.3M9.6M
Income Before Tax2.9M21.9M27.5M32.5M43.0M45.1M
Total Other Income Expense Net(2.9M)(5.8M)4.4M2.5M908K953.4K
Net Income Applicable To Common Shares1.7M17.5M20.8M23.6M27.2M28.6M
Net Income1.7M17.5M20.8M23.6M32.5M34.1M
Income Tax Expense781K5.3M5.1M6.7M9.8M10.3M
Minority Interest8.3M7.5M(1.7M)2.2M(431K)(409.5K)

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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.