Karat Packaging Inc. Annual Interest Expense in USD from 2021 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Karat Packaging Inc. quarterly/annual Interest Expense history and growth rate from 2021 to 2023.
  • Karat Packaging Inc. Interest Expense for the quarter ending March 31, 2024 was $524K, a 28.7% increase year-over-year.
  • Karat Packaging Inc. Interest Expense for the twelve months ending March 31, 2024 was $2.16M, a 10.7% increase year-over-year.
  • Karat Packaging Inc. annual Interest Expense for 2023 was $2.04M, a 1.29% increase from 2022.
  • Karat Packaging Inc. annual Interest Expense for 2022 was $2.02M, a 30.6% decline from 2021.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.04M +$26K +1.29% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $2.02M -$890K -30.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $2.91M Jan 1, 2021 Dec 31, 2021 10-K 2023-03-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.