Karat Packaging
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Karat Packaging generated cash of $53,379,000, which is more than the previous year. Cash used in financing activities reached the amount of -$16,170,000 last year. Net change in cash is therefore $7,035,000.
Cash Flow
| 2017 | 1.00M | -6.35M | 5.96M |
|---|---|---|---|
| 2018 | 2.71M | -24.30M | 21.76M |
| 2019 | -32K | -24.75M | 24.62M |
| 2020 | 14.54M | -37.35M | 22.45M |
| 2021 | 8.67M | -13.28M | 10.63M |
| 2022 | 29.47M | -17.84M | -2.07M |
| 2023 | 53.37M | -30.17M | -16.17M |
KRT Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 16.04M | 6.48M | 448K | 802K | 965K | 791K | 181K |
Operating activities | |||||||
Net income | 32.47M | 25.83M | 22.43M | 16.66M | 2.16M | -124K | 4.54M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 15.75M | 14.22M | 10.04M | 8.56M | 5.95M | 3.96M | 3.11M |
Stock-based compensation expense | 770K | 2.04M | 2.02M | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 770K | 2.04M | 2.02M | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 2.86M | 1.85M | -8.93M | -2.86M | -6.34M | -3.51M | -1.34M |
Inventories | -3.82M | -16.21M | -9.42M | -13.83M | -5.94M | -985K | -7.78M |
Accounts payable | 1.06M | 89K | -1.59M | 1.00M | 3.91M | 3.28M | 1.71M |
Cash generated by operating activities | 53.37M | 29.47M | 8.67M | 14.54M | -32K | 2.71M | 1.00M |
Investing activities | |||||||
Purchases Of Investments | -49.18M | -5.87M | 0 | 0 | 0 | 0 | -1.25M |
Investments In Property Plant And Equipment | -9.33M | -14.74M | -12.38M | -36.48M | -34.81M | -31.90M | -5.51M |
Acquisitions Net | 0 | -4M | -900K | -893K | 10.05M | 7.51M | -1.25M |
Cash generated by investing activities | -30.17M | -17.84M | -13.28M | -37.35M | -24.75M | -24.30M | -6.35M |
Financing activities | |||||||
Common Stock Issued | 0 | 51K | 67.59M | 0 | 0 | 1.9M | 0 |
Payments for dividends | -23.20M | -6.96M | 0 | -606K | 0 | -1.24M | -700K |
Repurchases of common stock | 0 | -6.96M | 0 | -248K | 0 | 28.33M | 0 |
Repayments of term debt | 6.99M | 5.90M | -74.52M | -7.72M | 24.74M | -9.03M | 7.28M |
Cash used in financing activities | -16.17M | -2.07M | 10.63M | 22.45M | 24.62M | 21.76M | 5.96M |
Net Change In Cash | 7.03M | 9.55M | 6.03M | -354K | -163K | 174K | 610K |
Cash at end of period | 23.07M | 16.04M | 6.48M | 448K | 802K | 965K | 791K |
| Data source | Data source | Data source |