Karat Packaging
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Karat Packaging's balance sheet done over the years? Its assets were worth $276,397,000 last year, which is more than in the previous period. 41% of Karat Packaging’s total assets is currently financed by debt. Its liabilities reached the amount of $113,707,000, which means an increase by 13% compared compared to last year.
Debt to Assets
| 2017 | 64091000 | 53.39M | 83.31% |
|---|---|---|---|
| 2018 | 96013000 | 74.12M | 77.2% |
| 2019 | 133353000 | 109.29M | 81.96% |
| 2020 | 181104000 | 141.23M | 77.99% |
| 2021 | 207599000 | 75.57M | 36.4% |
| 2022 | 252175000 | 100.24M | 39.75% |
| 2023 | 276397000 | 113.70M | 41.14% |
KRT Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 23.07M | 16.04M | 6.48M | 448K | 802K | 965K | 791K |
Short term investments | 26.34M | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 27.76M | 29.91M | 32.77M | 23.83M | 21.71M | 15.09M | 11.64M |
Inventory | 71.52M | 71.20M | 58.47M | 48.96M | 35.42M | 29.51M | 28.51M |
Other current assets | 6.21M | 6.64M | 5.14M | 6.53M | 3.08M | 2.04M | 1.36M |
Total current assets | 154.92M | 123.8M | 102.87M | 79.77M | 61.02M | 47.61M | 42.31M |
Non-current assets: | |||||||
Property, Plant and Equipment | 115.96M | 111.28M | 93.47M | 95.53M | 59.02M | 38.11M | 19.81M |
Goodwill | 3.51M | 3.51M | 3.51M | 3.11M | 0 | 0 | 0 |
Intangible assets | 327K | 353K | 380K | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 2.45M | 0 | 0 | 1.25M |
Other non-current assets | 1.66M | 13.23M | 7.36M | 161K | 9.83M | 10.27M | 708K |
Total non-current assets | 121.46M | 128.37M | 104.72M | 101.32M | 72.32M | 48.39M | 21.77M |
Total assets | 276.39M | 252.17M | 207.59M | 181.10M | 133.35M | 96.01M | 64.09M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 951K | 1.28M | 1.21M | 551K | 676K | 2.09M | 187K |
Short term debt | 10.72M | 5.46M | 1.17M | 11.68M | 7.20M | 37.63M | 25.1M |
Total current liabilities | 44.40M | 39.25M | 30.76M | 43.13M | 35.92M | 60.51M | 45.62M |
| Non-current liabilities: | |||||||
Long term debt | 65.08M | 53.18M | 35.33M | 86.86M | 68.00M | 11.95M | 7.76M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 26K | 2.65M | 3.83M | 5.04M | 3.18M | 0 | 0 |
Total non-current liabilities | 69.30M | 60.98M | 44.81M | 98.09M | 73.37M | 13.61M | 7.76M |
Total liabilities | 113.70M | 100.24M | 75.57M | 141.23M | 109.29M | 74.12M | 53.39M |
| Data source | Data source | Data source |