Karat Packaging Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28.68	37.88	31.58	23.08	16.04	-
Short-Term Investments	5.74	-	28.34	26.34	-	-
Cash & Short-Term Investments	34.42	37.88	59.93	49.42	16.04	-
Cash Growth	-38.83%	-36.79%	21.26%	208.08%	-	-
Accounts Receivable	42.27	36.4	26.74	27.76	29.91	-
Inventory	80.01	81.68	70.72	71.53	71.21	-
Other Current Assets	4.33	5.22	3.61	6.22	6.64	-
Total Current Assets	161.04	161.19	161	154.93	123.8	-
Net Property, Plant & Equipment	116.41	121.46	128.61	115.97	111.28	-
Other Intangible Assets	0.27	0.27	0.3	0.33	0.35	-
Goodwill	3.51	3.51	3.51	3.51	3.51	-
Other Long-Term Assets	1.46	1.26	1.11	1.67	13.23	-
Total Assets	282.68	287.69	294.52	276.4	252.18	-
Accounts Payable	24.28	26.32	17.83	18.45	18.56	-
Accrued Expenses	13.03	13.46	13.56	10.58	9.01	-
Current Portion of Long-Term Debt	12.71	12.94	1.18	1.12	0.96	-
Current Portion of Leases	12.32	11.98	8.98	4.8	4.51	-
Unearned Revenue	1.17	0.71	0.74	0.95	1.28	-
Other Current Liabilities	6.84	4.8	4.16	8.51	4.94	-
Total Current Liabilities	70.35	70.22	46.45	44.4	39.25	-
Long-Term Debt	22.69	22.86	47.28	48.4	41.56	-
Long-Term Leases	28.83	32.07	35.44	16.69	11.62	-
Other Long-Term Liabilities	5.64	5.66	3.16	4.22	7.81	-
Total Long-Term Liabilities	57.16	60.6	85.88	69.31	60.99	-
Total Liabilities	127.51	130.82	132.32	113.71	100.24	-
Common Stock	0.02	0.02	0.02	0.02	0.02	-
Treasury Stock	-3.25	-3.25	-0.25	-0.25	-0.25	-
Additional Paid-in Capital	91.21	90.94	89.46	86.67	85.79	-
Retained Earnings	59.46	61.7	66.34	67.68	56.12	-
Total Common Shareholders' Equity	147.45	149.42	155.57	154.12	141.68	-
Minority Interest	7.73	7.45	6.63	8.57	10.25	-
Shareholders' Equity	155.17	156.87	162.2	162.69	151.93	-
Total Liabilities & Equity	282.68	287.69	294.52	276.4	252.18	-
Total Debt	76.55	79.86	92.87	71.01	58.65	0
Net Cash (Debt)	-42.13	-41.98	-32.94	-21.59	-42.61	-0
Net Cash Per Share	-2.09	-2.08	-1.64	-1.08	-2.14	-
Book Value	147.45	149.42	155.57	154.12	141.68	0
Book Value Per Share	7.32	7.40	7.73	7.71	7.11	-
Tangible Book Value	143.67	145.63	151.76	150.28	137.82	0
Tangible Book Value Per Share	7.13	7.22	7.54	7.52	6.92	-

SEC Filings: 10-K · 10-Q