Karat Packaging Inc.

NasdaqGS:KRT Stock Report

Market Cap: US$606.2m

Karat Packaging Balance Sheet Health

Financial Health criteria checks 6/6

Karat Packaging has a total shareholder equity of $160.4M and total debt of $49.3M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are $279.0M and $118.6M respectively. Karat Packaging's EBIT is $41.9M making its interest coverage ratio -5979.6. It has cash and short-term investments of $46.7M.

Key information

30.7%

Debt to equity ratio

US$49.26m

Debt

Interest coverage ratio-5979.6x
CashUS$46.66m
EquityUS$160.39m
Total liabilitiesUS$118.65m
Total assetsUS$279.04m

Recent financial health updates

No updates

Recent updates

Is Now The Time To Put Karat Packaging (NASDAQ:KRT) On Your Watchlist?

Jul 17
Is Now The Time To Put Karat Packaging (NASDAQ:KRT) On Your Watchlist?

Why Karat Packaging's (NASDAQ:KRT) Earnings Are Better Than They Seem

May 21
Why Karat Packaging's (NASDAQ:KRT) Earnings Are Better Than They Seem

Karat Packaging: Shift In Business Model Could Be A Moat Source

May 10

At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?

Apr 19
At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?

Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price

Feb 12
Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price

Do Karat Packaging's (NASDAQ:KRT) Earnings Warrant Your Attention?

Aug 13
Do Karat Packaging's (NASDAQ:KRT) Earnings Warrant Your Attention?

Should You Investigate Karat Packaging Inc. (NASDAQ:KRT) At US$17.55?

Jun 13
Should You Investigate Karat Packaging Inc. (NASDAQ:KRT) At US$17.55?

Capital Allocation Trends At Karat Packaging (NASDAQ:KRT) Aren't Ideal

May 12
Capital Allocation Trends At Karat Packaging (NASDAQ:KRT) Aren't Ideal

Karat Packaging (NASDAQ:KRT) Hasn't Managed To Accelerate Its Returns

Oct 06
Karat Packaging (NASDAQ:KRT) Hasn't Managed To Accelerate Its Returns

Karat Packaging Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 16
Karat Packaging Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 97% Above Its Share Price

Nov 19
Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 97% Above Its Share Price

Karat Packaging Inc. (NASDAQ:KRT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Jul 27
Karat Packaging Inc. (NASDAQ:KRT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 31% Above Its Share Price

Jul 24
Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 31% Above Its Share Price

Financial Position Analysis

Short Term Liabilities: KRT's short term assets ($160.5M) exceed its short term liabilities ($48.2M).

Long Term Liabilities: KRT's short term assets ($160.5M) exceed its long term liabilities ($70.5M).


Debt to Equity History and Analysis

Debt Level: KRT's net debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: KRT's debt to equity ratio has reduced from 289.7% to 30.7% over the past 5 years.

Debt Coverage: KRT's debt is well covered by operating cash flow (92.9%).

Interest Coverage: KRT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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