KRT
Price:
$30.18
Market Cap:
$604.33M
Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.[Read more]
Industry
Packaging & Containers
IPO Date
2021-04-15
Stock Exchange
NASDAQ
Ticker
KRT
According to Karat Packaging Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.12. This represents a change of -3.91% compared to the average of 3.25 of the last 4 quarters.
The mean historical Current Ratio of Karat Packaging Inc. over the last ten years is 2.18. The current 3.12 Current Ratio has changed 14.23% with respect to the historical average. Over the past ten years (40 quarters), KRT's Current Ratio was at its highest in in the June 2022 quarter at 3.59. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
2.18
Median
1.85
Minimum
0.79
Maximum
3.49
Discovering the peaks and valleys of Karat Packaging Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 115.84%
Maximum Annual Current Ratio = 3.49
Minimum Annual Increase = -15.15%
Minimum Annual Current Ratio = 0.79
Year | Current Ratio | Change |
---|---|---|
2023 | 3.49 | 10.63% |
2022 | 3.15 | -5.68% |
2021 | 3.34 | 80.81% |
2020 | 1.85 | 8.88% |
2019 | 1.70 | 115.84% |
2018 | 0.79 | -15.15% |
The current Current Ratio of Karat Packaging Inc. (KRT) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.33
5-year avg
2.71
10-year avg
2.18
Karat Packaging Inc.’s Current Ratio is greater than Greif, Inc. (1.45), greater than Reynolds Consumer Products Inc. (2.03), greater than Silgan Holdings Inc. (1.09), greater than O-I Glass, Inc. (1.23), greater than Myers Industries, Inc. (1.80), greater than Sealed Air Corporation (1.29), greater than Graphic Packaging Holding Company (1.73), less than Ball Corporation (0), greater than Sonoco Products Company (1.09), greater than null (2.36),
Company | Current Ratio | Market cap |
---|---|---|
1.45 | $3.01B | |
2.03 | $5.71B | |
1.09 | $5.61B | |
1.23 | $1.57B | |
1.80 | $422.15M | |
1.29 | $4.94B | |
1.73 | $8.22B | |
0 | $16.63B | |
1.09 | $4.87B | |
2.36 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Karat Packaging Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Karat Packaging Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Karat Packaging Inc.'s Current Ratio?
How is the Current Ratio calculated for Karat Packaging Inc. (KRT)?
What is the highest Current Ratio for Karat Packaging Inc. (KRT)?
What is the 3-year average Current Ratio for Karat Packaging Inc. (KRT)?
What is the 5-year average Current Ratio for Karat Packaging Inc. (KRT)?
How does the current Current Ratio for Karat Packaging Inc. (KRT) compare to its historical average?