Karat Packaging Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Cash & Equivalents	24.12	28.45	13.37	2.9	0.8
Short-Term Investments	26.34	0	0	0	0
Cash & Cash Equivalents	50.47	28.45	13.37	2.9	0.8
Cash Growth	77.36%	112.85%	360.33%	262.09%	-
Receivables	27.76	29.91	32.78	23.84	21.71
Inventory	71.53	71.21	58.47	48.96	35.43
Other Current Assets	5.17	-5.77	-1.74	4.07	3.09
Total Current Assets	154.93	123.8	102.87	79.78	61.03
Property, Plant & Equipment	115.97	111.28	93.48	95.53	59.02
Goodwill and Intangibles	3.84	3.86	3.89	3.11	0
Other Long-Term Assets	1.67	13.23	7.36	2.68	13.31
Total Long-Term Assets	121.47	128.38	104.73	101.33	72.33
Total Assets	276.4	252.18	207.6	181.1	133.35
Accounts Payable	23.75	23.5	20.47	25.11	24.14
Current Debt	5.92	5.47	1.18	12.48	8.28
Other Current Liabilities	14.73	10.29	9.11	5.55	3.51
Total Current Liabilities	44.4	39.25	30.76	43.14	35.93
Long-Term Debt	65.08	53.18	35.34	86.87	68.01
Other Long-Term Liabilities	4.22	7.81	9.47	11.23	5.36
Total Long-Term Liabilities	69.31	60.99	44.81	98.1	73.37
Total Liabilities	113.71	100.24	75.57	141.24	109.3
Total Debt	71.01	58.65	36.52	99.35	76.29
Debt Growth	21.07%	60.61%	-63.24%	30.22%	-
Retained Earnings	67.68	56.12	39.43	18.66	1.75
Shareholders' Equity	154.12	141.68	122.9	32.4	15.74
Net Cash / Debt	-20.54	-30.2	-23.15	-96.44	-75.49
Net Cash Per Share	-1.03	-1.52	-1.25	-6.24	-4.97
Working Capital	110.53	84.55	72.11	36.64	25.1
Book Value Per Share	7.74	7.15	6.68	2.13	1.04

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).