Karat Packaging Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & Equivalents | $37.9M | $31.6M | $23.1M | $16.0M | $6.5M | $448.0K |
| Accounts Receivable | $36.4M | $26.7M | $27.8M | $29.9M | $32.8M | $23.8M |
| Inventory | $81.7M | $70.7M | $71.5M | $71.2M | $58.5M | $49.0M |
| Total Current Assets | $161.2M | $161.0M | $154.9M | $123.8M | $102.9M | $79.8M |
| Property, Plant & Equipment | $81.2M | $88.0M | $95.2M | $95.6M | $93.5M | $95.5M |
| Goodwill | $3.5M | $3.5M | $3.5M | $3.5M | $3.5M | $3.1M |
| Intangible Assets (Excl. Goodwill) | $273.0K | $300.0K | $327.0K | $353.0K | $380.0K | $0 |
| Total Assets | $287.7M | $294.5M | $276.4M | $252.2M | $207.6M | $181.1M |
| Liabilities | ||||||
| Accounts Payable | — | — | — | $18.6M | $18.5M | $20.1M |
| Total Current Liabilities | $70.2M | $46.4M | $44.4M | $39.3M | $30.8M | $43.1M |
| Long-Term Debt | — | — | $203.0K | $216.0K | $200.0K | — |
| Total Liabilities | $130.8M | $132.3M | $113.7M | $100.2M | $75.6M | $141.2M |
| Stockholders' Equity | ||||||
| Retained Earnings | $61.7M | $66.3M | $67.7M | $56.1M | $39.4M | $18.7M |
| Total Stockholders' Equity | $149.4M | $155.6M | $154.1M | $141.7M | $122.9M | $32.4M |