Karat Packaging Balance Sheet
NASDAQ: KRTIndustrialsPlastic ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Karat Packaging financial position
At the end of fiscal 2025, Karat Packaging reported total assets of $287.7 million, down 2.3% from a year earlier against total liabilities of $130.8 million. Shareholders' equity stood at $149.4 million, or 51.9% of assets. The company held $37.9 million in cash and equivalents against $12.9 million of debt, a net cash position of $24.9 million.
The current ratio (current assets divided by current liabilities) was 2.30, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.09.
Summary generated from market data by MetaCap's automated system. Methodology
Karat Packaging balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 37.88M | 31.58M | 23.08M | 16.04M | 6.48M | 448.00K |
| Short-Term Investments | 0 | 28.34M | 26.34M | 0 | — | — |
| Receivables | 36.40M | 26.74M | 27.76M | 29.91M | 32.78M | 23.84M |
| Inventory | 81.68M | 70.72M | 71.53M | 71.21M | 58.47M | 48.96M |
| Total Current Assets | 161.19M | 161.00M | 154.93M | 123.80M | 102.87M | 79.78M |
| Property, Plant & Equipment | 81.16M | 87.98M | 95.23M | 95.57M | 93.47M | 95.53M |
| Goodwill | 3.51M | 3.51M | 3.51M | 3.51M | 3.51M | 3.11M |
| Intangible Assets | 273.00K | 300.00K | 327.00K | 353.00K | 380.00K | 0 |
| Total Assets | 287.69M | 294.52M | 276.40M | 252.18M | 207.60M | 181.10M |
| Accounts Payable | — | — | — | 18.56M | 18.47M | 20.07M |
| Short-Term Debt | 12.94M | 1.18M | 1.12M | 957.00K | 1.18M | 11.36M |
| Total Current Liabilities | 70.22M | 46.45M | 44.40M | 39.25M | 30.76M | 43.14M |
| Long-Term Debt | — | — | 203.00K | 216.00K | 200.00K | 100.00K |
| Total Liabilities | 130.82M | 132.32M | 113.71M | 100.24M | 75.57M | 141.24M |
| Shareholders' Equity | 149.42M | 155.57M | 154.12M | 141.68M | 122.90M | 32.40M |
| Retained Earnings | 61.70M | 66.34M | 67.68M | 56.12M | 39.43M | 18.66M |
| Total Debt | 12.94M | 1.18M | 1.32M | 1.17M | 1.38M | 11.46M |
| Net Cash (Debt) | 24.94M | 58.75M | 48.09M | 14.87M | 5.11M | -11.02M |
| Shares Outstanding | 19.96M | 20.04M | 19.97M | 19.89M | 19.80M | 15.17M |
This table shows 6 annual periods of Karat Packaging's balance sheet, from FY 2025 back to FY 2020, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow KRT's reporting calendar. What is a balance sheet?