Karat Packaging Inc. financial data

Symbol
KRT on Nasdaq
Industry
Plastics Products, NEC
Location
6185 Kimball Avenue, Chino, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 323 % -0.59%
Quick Ratio 149 % -7.74%
Debt-to-equity 83.8 % +12.2%
Return On Equity 17.4 % -15.6%
Return On Assets 9.64 % -20.5%
Operating Margin 8.42 % -19.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20M shares +0.3%
Common Stock, Shares, Outstanding 20M shares +0.64%
Entity Public Float 104M USD +8.03%
Common Stock, Value, Issued 20K USD 0%
Weighted Average Number of Shares Outstanding, Basic 20M shares +0.64%
Weighted Average Number of Shares Outstanding, Diluted 20.1M shares +0.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 417M USD +3.43%
General and Administrative Expense 66.4M USD -6.32%
Operating Income (Loss) 35.1M USD -17%
Nonoperating Income (Expense) 2.23M USD +228%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 37.3M USD -13.1%
Income Tax Expense (Benefit) 8.17M USD -13%
Net Income (Loss) Attributable to Parent 28.3M USD -14.7%
Earnings Per Share, Basic 1.41 USD/shares -15.1%
Earnings Per Share, Diluted 1.41 USD/shares -14.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 38.9M USD +38.1%
Accounts Receivable, after Allowance for Credit Loss, Current 33.9M USD -0.34%
Inventory, Net 70.9M USD -1.03%
Assets, Current 170M USD +7.18%
Property, Plant and Equipment, Net 90.1M USD -6.78%
Operating Lease, Right-of-Use Asset 41.4M USD +143%
Intangible Assets, Net (Excluding Goodwill) 307K USD -7.81%
Goodwill 3.51M USD 0%
Other Assets, Noncurrent 1.09M USD -45.5%
Assets 307M USD +9.59%
Accounts Payable, Current 17.7M USD -26.3%
Accrued Liabilities, Current 12.8M USD +43.9%
Contract with Customer, Liability, Current 877K USD -10.4%
Liabilities, Current 54.5M USD +19.2%
Deferred Income Tax Liabilities, Net 4.2M USD -18.6%
Operating Lease, Liability, Noncurrent 36.6M USD +184%
Other Liabilities, Noncurrent 363K USD -87.1%
Liabilities 143M USD +24.3%
Retained Earnings (Accumulated Deficit) 68.7M USD +1.39%
Stockholders' Equity Attributable to Parent 157M USD +2.04%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 164M USD -0.7%
Liabilities and Equity 307M USD +9.59%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 6.56M USD -53.8%
Net Cash Provided by (Used in) Financing Activities -8.54M USD -211%
Net Cash Provided by (Used in) Investing Activities -7.95M USD +45.9%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 20M shares +0.64%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.93M USD -238%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 38.9M USD +38.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 502K USD +19.2%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 13.9M USD +10.4%
Operating Lease, Liability 45.2M USD +154%
Depreciation 10.7M USD +3.81%
Payments to Acquire Property, Plant, and Equipment 163K USD -84.4%
Lessee, Operating Lease, Liability, to be Paid 52.9M USD +160%
Property, Plant and Equipment, Gross 147M USD -1.07%
Operating Lease, Liability, Current 8.62M USD +74.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 11.9M USD +203%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.6M USD +120%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +17.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.73M USD +200%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10.8M USD +168%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 9.62M USD +255%
Operating Lease, Payments 1.83M USD +34.2%
Additional Paid in Capital 88.8M USD +2.54%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 3.06M USD 0%
Depreciation, Depletion and Amortization 2.63M USD -0.15%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 3.06M USD 0%
Share-based Payment Arrangement, Expense 1.74M USD +71.5%
Operating Leases, Future Minimum Payments, Due in Three Years 1.82M USD 0%
Operating Leases, Future Minimum Payments Due 10.3M USD 0%
Interest Expense 2.16M USD +10.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%