What are Karat Packaging's total assets?

Karat Packaging (KRT) holds $282.7M in total assets, down 9.5% year over year.

How much debt does Karat Packaging have?

Karat Packaging carries $89.3M in total debt against $147.4M of shareholders' equity, a debt-to-equity ratio of 0.61.

How much cash does Karat Packaging have?

Karat Packaging holds $28.7M in cash and equivalents.

Can Karat Packaging cover its short-term obligations?

Its current ratio is 2.29 — current assets exceed current liabilities.

Where does Karat Packaging's balance sheet data come from?

Every line is extracted from Karat Packaging's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Karat Packaging KRT Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$28.68M-11.7%	$37.88M+19.9%	$24.02M-38.3%	$30.55M+58.2%	$32.47M+147%
Short-term investments	$5.74M-75.9%	$0-100%	$19.95M-7.4%	$26.44M-19.2%	$23.8M-29.0%
Accounts receivable, net	$152.93M+20.7%	$143.06M+15.0%	$133.39M+6.4%	$129.39M+3.1%	$126.69M+1.6%
Inventories	$337.32M+10.9%	$337.19M+11.2%	$326.16M+7.4%	$313.12M+2.8%	$304.2M+1.2%
Raw materials	$4.01M-38.3%	$4.44M-33.1%	$4.73M-28.3%	$4.33M-43.3%	$6.5M-10.8%
Finished goods	$75.82M+4.2%	$76.64M+22.0%	$78.27M+23.3%	$83.42M+18.7%	$72.74M+2.8%
Prepaid expenses and other current assets	$18.36M+13.7%	$17.43M+1.1%	$15.82M-20.3%	$15.98M-26.7%	$16.15M-30.3%
Total current assets	$161.04M-6.4%	$161.19M+0.1%	$170.68M+0.3%	$186.25M+9.7%	$171.98M+7.1%
Property and equipment, net	$78.82M-8.5%	$81.16M-7.8%	$84.17M-6.6%	$83.5M-9.5%	$86.16M-8.2%
Accumulated depreciation	$66.22M+8.5%	$63.48M+8.0%	$63.74M+11.6%	$62.85M+15.5%	$61M+16.6%
Operating lease right-of-use assets	7%+0.1%	6.9%-4,062,799,993%	6.9%-0.1%	6.9%0.0%	6.9%+0.4%
Goodwill	$3.51M0.0%	$3.51M0.0%	$3.51M0.0%	$3.51M0.0%	$3.51M0.0%
Intangible assets, net	$267K-8.9%	$273K-9.0%	$280K-8.8%	$287K-8.3%	$293K-8.4%
Deferred tax assets	$7.12M-24.6%	$4.8M-63.1%	$2.29M-86.3%	$5.87M-66.9%	$9.44M-49.5%
Other non-current assets	$846K-25.0%	$1M-6.3%	$1.13M+510%	$1.13M+205%	$1.13M+104%
Total assets	$282.68M-9.5%	$287.69M-2.3%	$302.84M-1.3%	$320.96M+3.3%	$312.22M+11.9%
Accounts payable	——	——	——	$9.02M—	$3.11M—
Accrued expenses	$111K-13.3%	$129K-86.7%	$139K-96.2%	$97K-97.4%	$128K-96.7%
Deferred revenue	$1.17M+2.5%	$713K-3.9%	$1.12M+22.8%	$1.14M+29.6%	$1.14M+56.8%
Current portion of long-term debt	$12.71M+968%	$12.94M+998%	$21.1M+1,711%	$1.21M+4.9%	$1.19M+4.5%
Operating lease liabilities, current	$12.32M+12.1%	$11.98M+33.5%	$11.65M+35.2%	$11.55M+48.8%	$11M+148%
Income taxes payable	$1.42M-37.1%	$2.34M+3,500%	$2.41M—	$2.41M-70.0%	$2.25M-82.8%
Accrued interest	$79K-4.8%	$94K+28.8%	$88K+20.5%	$109K+49.3%	$83K+13.7%
Total current liabilities	$70.35M+17.1%	$70.22M+51.2%	$79.6M+46.1%	$69.5M+25.0%	$60.08M+24.7%
Long-term debt	$35.47M-26.6%	$35.88M-26.2%	$44.22M-9.5%	$48.02M-2.3%	$48.3M+25,730%
Operating lease liabilities, non-current	$28.83M-30.6%	$32.07M-9.5%	$35.25M-3.7%	$38.68M-0.5%	$41.54M+134%
Operating Lease Liabilities (Total)	$41.15M-21.7%	$44.06M-0.8%	$46.9M+3.7%	$50.22M+7.7%	$52.53M+137%
Other non-current liabilities	$2.71M-2.5%	$2.72M-0.4%	$2.74M+655%	$2.76M+660%	$2.78M+614%
Total liabilities	$127.51M-16.1%	$130.82M-1.1%	$141.25M-1.4%	$158.26M+7.8%	$152.01M+28.1%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	100M0.0%	100M+499,900%	100M0.0%	100M0.0%	100M0.0%
Additional paid-in capital	$91.21M+1.6%	$90.94M+1.7%	$90.8M+2.2%	$90.44M+2.4%	$89.8M+3.1%
Retained earnings	$59.46M-6.7%	$61.7M-7.0%	$63.91M-7.0%	$65.63M-5.7%	$63.73M-5.6%
Treasury stock	$3.25M+1,209%	$3.25M+1,209%	$248K0.0%	$248K0.0%	$248K0.0%
Noncontrolling interests	$7.73M+11.9%	$7.45M+12.4%	$7.11M+13.1%	$6.86M+12.1%	$6.9M+15.3%
Total stockholders' equity	$147.45M-3.8%	$149.42M-4.0%	$154.48M-1.8%	$155.85M-1.2%	$153.31M-0.7%
Total liabilities and stockholders' equity	$282.68M-9.5%	$287.69M-2.3%	$302.84M-1.3%	$320.96M+3.3%	$312.22M+11.9%
Allowance for Doubtful Accounts	$877K+30.5%	$581K-23.4%	$559K-0.5%	$426K-13.2%	$672K+96.5%
Allowance for Doubtful Accounts Receivable (Current)	$877K+30.5%	$581K-23.4%	$559K-0.5%	$426K-13.2%	$672K+96.5%
Inventory Valuation Adjustments	$759K+4.0%	$710K+10.9%	$550K-23.6%	$700K-3.4%	$730K+87.2%
Lease Receivable Payments - Remainder of Fiscal Year	——	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$1.21M+11.7%	$1M-6.3%	$1.03M-5.4%	$1.04M-12.4%	$1.08M-12.3%
Deposits on Licenses	$3K-98.3%	$0-100%	$2K-99.3%	$0-100%	$172K-24.9%
Net Investment in Lease	$37.59M+3,232%	$40.3M-0.8%	$1.13M-97.3%	$1.13M-97.4%	$1.13M-94.2%
Deferred tax assets	$255K—	$255K—	$196K—	——	——
Other intangible assets—net	$267K-8.9%	$273K-9.0%	$280K-8.8%	$287K-8.3%	$293K-8.4%
Operating lease right-of-use assets	$37.59M-23.0%	$40.3M-0.8%	$42.97M+3.8%	$46.19M+6.4%	$48.83M+152%
Other non-current assets	$1.21M+11.7%	$1M-6.3%	$1.03M-5.4%	$1.04M-12.4%	$1.08M-12.3%
Property, plant and equipment at cost	$145.03M-1.4%	$144.64M-1.4%	$147.91M+0.4%	$146.35M-0.3%	$147.16M+0.7%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$5.74M-75.9%	$0-100%	$19.95M-7.4%	$26.44M-19.2%	$23.8M-29.0%
Operating Lease Right-of-Use Assets in Other Assets	$37.59M-23.0%	$40.3M-0.8%	$42.97M+3.8%	$46.19M+6.4%	$48.83M+152%
Software and Technology Licenses, Net	$1.21M+11.7%	$1M-6.3%	$1.03M-5.4%	$1.04M-12.4%	$1.08M-12.3%
Tax Credit Carryforward Valuation Allowance	——	——	——	——	——
Accrued Contingent Liabilities	$1.5M-51.5%	$1.72M-43.6%	$1.81M-39.4%	$3.28M—	$3.1M—
Other Commercial Liabilities	$13.03M-12.4%	$13.46M-0.7%	$16.21M+27.1%	$14.23M+2.0%	$14.87M+31.4%
Accrued Liabilities, Current	$13.03M-12.4%	$13.46M-0.7%	$16.21M+27.1%	$14.23M+2.0%	$14.87M+31.4%
Accrued Vacation Current	$1.18M+5.7%	$855K-4.9%	$1.03M+10.1%	$1.05M+18.2%	$1.11M+13.2%
Deferred income	$1.17M—	$713K—	$1.12M—	——	——
Other accrued liabilities	$111K-13.3%	$129K-86.7%	$139K-96.2%	$97K—	$128K—
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——	——
Lease Liability Payments - 2022	——	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——	——
Operating Lease Liability Payments Due	——	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——	——
Professional Service Fees Payable	$659K-20.2%	$619K-36.0%	$537K-12.3%	$699K-10.5%	$826K-12.5%
Debt Maturity - 2024	——	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$63K-49.6%	$78K-44.7%	$93K-40.4%	$109K-36.6%	$125K-33.2%
Operating Lease Liability Payments - 2026 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——	——
Total debt	$89.33M-12.4%	$92.88M-1.4%	$112.22M+17.8%	$99.44M+2.6%	$102.02M+334%
Total Carrying Value of Debt	$35.47M-26.6%	$35.88M-26.2%	$44.22M-9.5%	$48.02M-2.3%	$48.3M-2.3%
Unrecognized Tax Benefits	$0—	$0—	$0—	$0—	$0—
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	20.1M+0.3%	20.1M+0.3%	20.1M+0.4%	20.1M+0.3%	20.1M+0.3%
Common Stock Shares Outstanding	$2.68M+6.5%	$1.15M-68.6%	$1.91M-20.7%	$2.91M-21.3%	$2.51M-28.7%
Convertible Preferred Stock Authorized Shares	10M0.0%	10M0.0%	10M0.0%	10M0.0%	10M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$20K0.0%	$20K0.0%	$20K0.0%	$20K0.0%	$20K0.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Number of Exercisable Options	——	——	——	——	——
Number of Vested and Expected to Vest Options	——	——	——	——	——
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment Award Options Outstanding - Number	285.9K-8.9%	287.5K-8.4%	287.5K-12.6%	303.3K-9.6%	313.7K-10.5%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	——	——	——	——	——
Share Repurchase Authorization Limit	——	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——	——
Shares Reserved for Future Issuance Under Stock Plans	——	——	——	——	——
Weighted Average Exercise Price of Outstanding Options	$18.56-0.1%	$18.56-0.1%	$18.56-0.1%	$18.57+0.1%	$18.57+0.1%
Weighted Average Exercise Price of Vested and Expected to Vest Options	——	——	——	——	——
Cumulative Cost Basis	$145.03M-1.4%	$144.64M-1.4%	$147.91M+0.4%	$146.35M-0.3%	$147.16M+0.7%
Line of Credit Maximum Borrowing Capacity	——	——	——	——	——
Operating Lease Income - 2023 (Lessor)	——	——	——	——	——
Accrued advertising costs	$799K—	$1.13M—	$931K—	——	——
Accrued ocean freight and other import costs	$3.63M-30.4%	$4.01M-4.8%	$3.96M-1.5%	$6.02M—	$5.21M—
Employee payroll tax withheld on employee stock transactions	$1.21M+9.3%	$622K-68.2%	$1.23M+24.6%	$409K-76.8%	$1.11M+15.0%
Professional service fees	$659K-20.2%	$619K-36.0%	$537K-12.3%	$699K-10.5%	$826K-12.5%
Accrued property tax	$340K+2.4%	$1.19M+3.5%	$905K+8.5%	$623K+8.2%	$332K+5.7%
Accrued sales discount expense	$799K+93.5%	$1.13M+203%	$931K+262%	$732K—	$413K—
Accrued sale and use taxes	$1.27M+20.6%	$1.22M+23.3%	$1.13M+8.5%	$1.04M+1.6%	$1.05M+4.5%
Accrued shipping expense	$2.03M-20.5%	$1.84M+62.2%	$4.4M+531%	$2.32M+117%	$2.55M+323%
Allowance for doubtful accounts	$877K+30.5%	$581K-23.4%	$559K-0.5%	$426K-13.2%	$672K+96.5%
Common stock, capital shares reserved for future issuance	——	——	——	——	——
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%
Common stock, shares issued (in shares)	$20.12M+0.3%	$20.12M+0.3%	$20.12M+0.4%	$20.11M+0.3%	$20.06M+0.3%
Common Stock, Shares, Outstanding	$19.96M-0.4%	$19.96M-0.4%	$20.1M+0.4%	$20.08M+0.3%	$20.04M+0.3%
Long-term debt, gross	$35.47M-26.6%	$35.88M-26.2%	$44.22M-9.5%	$48.02M-2.3%	$48.3M-2.3%
Floor interest rate (as a percent)	——	——	——	——	——
Debt Instrument, Unamortized Discount, Noncurrent	$63K-49.6%	$78K—	$70K—	$109K—	$125K—
Deferred income taxes	$2.94M+372%	$2.94M+589%	$622K-85.2%	$622K-85.2%	$622K-85.2%
Deferred Tax Assets, Valuation Allowance	——	——	——	——	——
Unrecognized compensation cost related to non-vested awards	——	——	——	——	——
Raw materials	$4.01M-38.3%	$4.44M-33.1%	$4.73M-28.3%	$4.33M-43.3%	$6.5M-10.8%
Semi-finished goods	$940K-33.0%	$1.31M-30.6%	$1.68M+8.4%	$1.73M-34.9%	$1.4M-12.1%
Lessee Operating Lease Liability Payments Due	——	——	——	——	——
Thereafter	——	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——	——
Expected rental income, thereafter	——	——	——	——	——
Remainder of fiscal 2026	——	——	——	——	——
Lessor Operating Lease Payments To Be Received Rolling Year Four	——	——	——	——	——
Lessor Operating Lease Payments To Be Received Rolling Year Three	——	——	——	——	——
Committed Revolving Credit Facilities	——	——	——	——	——
Long-term debt, net of current portion and debt discount of $63 and $78 at March 31, 2026 and December 31, 2025, respectively (including $22,688 and $22,862 associated with variable interest entity at March 31, 2026 and December 31, 2025, respectively, and debt discount of $63 and $78 associated with variable interest entity at March 31, 2026 and December 31, 2025, respectively)	$22.69M-51.7%	$22.86M-51.6%	$23.03M-51.6%	$46.7M-2.4%	$46.99M-2.3%
2027	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
Loss Contingency Accrual	$1.5M-51.5%	$1.72M-43.6%	$1.81M-39.4%	$3.28M—	$3.1M—
Noncontrolling interests in subsidiaries	$7.73M+11.9%	$7.45M+12.4%	$7.11M+13.1%	$6.86M+12.1%	$6.9M+15.3%
Operating Lease Weighted Average Discount Rate Percent	$0.07+1.4%	$0.07-1.4%	$0.07-1.4%	$0.070.0%	$0.07+6.2%
Other accrued liabilities	$1.84M-15.5%	$1.87M+4.1%	$2M-39.3%	$1.23M-53.1%	$2.18M-6.4%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	——	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	——	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$285.87K-8.9%	$287.47K-8.4%	$287.47K-12.6%	$303.32K-9.6%	$313.67K-10.5%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	——	——	——	——	——
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	——	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$18.56-0.1%	$18.56-0.1%	$18.56-0.1%	$18.57+0.1%	$18.57+0.1%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	$2.68M+6.5%	$1.15M-68.6%	$1.91M-20.7%	$2.91M-21.3%	$2.51M-28.7%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	——	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	——	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——	——
Treasury stock, shares (in shares)	$160.37K+597%	$160.37K+597%	$23K0.0%	$23K0.0%	$23K0.0%
Treasury Stock, Par or Stated Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Unrecognized tax benefits	$0—	$0—	$0—	$0—	$0—
Remainder of Fiscal Year 2024	——	——	——	——	——

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Questions, answered.

What are Karat Packaging's total assets?: Karat Packaging (KRT) holds $282.7M in total assets, down 9.5% year over year.
How much debt does Karat Packaging have?: Karat Packaging carries $89.3M in total debt against $147.4M of shareholders' equity, a debt-to-equity ratio of 0.61.
How much cash does Karat Packaging have?: Karat Packaging holds $28.7M in cash and equivalents.
Can Karat Packaging cover its short-term obligations?: Its current ratio is 2.29 — current assets exceed current liabilities.
Where does Karat Packaging's balance sheet data come from?: Every line is extracted from Karat Packaging's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.