Karat Packaging Inc
Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It offers food and take-out containers, bags, boxes, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, gloves, utensils, janito… Read more
Karat Packaging Inc (KRT) - Net Assets
Latest net assets as of September 2025: $161.59 Million USD
Based on the latest financial reports, Karat Packaging Inc (KRT) has net assets worth $161.59 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($302.84 Million) and total liabilities ($141.25 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $161.59 Million |
| % of Total Assets | 53.36% |
| Annual Growth Rate | 47.46% |
| 5-Year Change | 306.84% |
| 10-Year Change | N/A |
| Growth Volatility | 77.7 |
Karat Packaging Inc - Net Assets Trend (2017–2024)
This chart illustrates how Karat Packaging Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Karat Packaging Inc (2017–2024)
The table below shows the annual net assets of Karat Packaging Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $162.20 Million | -0.30% |
| 2023-12-31 | $162.69 Million | +7.08% |
| 2022-12-31 | $151.93 Million | +15.08% |
| 2021-12-31 | $132.03 Million | +231.16% |
| 2020-12-31 | $39.87 Million | +65.74% |
| 2019-12-31 | $24.05 Million | +9.89% |
| 2018-12-31 | $21.89 Million | +104.62% |
| 2017-12-31 | $10.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Karat Packaging Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 736.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $66.34 Million | 42.64% |
| Common Stock | $20.00K | 0.01% |
| Other Components | $89.21 Million | 57.34% |
| Total Equity | $155.57 Million | 100.00% |
Karat Packaging Inc Competitors by Market Cap
The table below lists competitors of Karat Packaging Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marssenger Kitchenware Co. Ltd.
SHE:300894
|
$241.91 Million |
|
NWTN Inc. Class B Ordinary Shares
NASDAQ:NWTN
|
$241.94 Million |
|
Insight Acquisition Corp. Units
NASDAQ:INAQU
|
$241.97 Million |
|
Glotech Industrial
TWO:5475
|
$242.06 Million |
|
Guangdong Decro Film New
SHE:001378
|
$241.78 Million |
|
PlayNitride Inc.
TW:6854
|
$241.78 Million |
|
Handa Pharmaceuticals Inc.
TWO:6620
|
$241.75 Million |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
$241.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karat Packaging Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 154,118,000 to 155,569,000, a change of 1,451,000 (0.9%).
- Net income of 29,975,000 contributed positively to equity growth.
- Dividend payments of 31,016,000 reduced retained earnings.
- Other factors increased equity by 2,492,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $29.98 Million | +19.27% |
| Dividends Paid | $31.02 Million | -19.94% |
| Other Changes | $2.49 Million | +1.6% |
| Total Change | $- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Karat Packaging Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.61x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 38.42x to 3.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.73 | $27.92 | x |
| 2018-12-31 | $0.73 | $27.92 | x |
| 2019-12-31 | $1.04 | $27.92 | x |
| 2020-12-31 | $2.10 | $27.92 | x |
| 2021-12-31 | $6.21 | $27.92 | x |
| 2022-12-31 | $7.11 | $27.92 | x |
| 2023-12-31 | $7.71 | $27.92 | x |
| 2024-12-31 | $7.73 | $27.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karat Packaging Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.09%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 1.89x
- Recent ROE (19.27%) is below the historical average (22.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 42.52% | 3.25% | 2.19x | 5.99x | $3.48 Million |
| 2018 | 0.15% | 0.01% | 1.83x | 6.85x | $-1.38 Million |
| 2019 | 10.95% | 0.77% | 1.69x | 8.47x | $149.90K |
| 2020 | 54.06% | 5.93% | 1.63x | 5.59x | $14.28 Million |
| 2021 | 16.91% | 5.70% | 1.75x | 1.69x | $8.49 Million |
| 2022 | 16.69% | 5.59% | 1.68x | 1.78x | $9.48 Million |
| 2023 | 21.07% | 8.00% | 1.47x | 1.79x | $17.06 Million |
| 2024 | 19.27% | 7.09% | 1.43x | 1.89x | $14.42 Million |
Industry Comparison
This section compares Karat Packaging Inc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karat Packaging Inc (KRT) | $161.59 Million | 42.52% | 0.87x | $241.81 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $605.72 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.72 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.11 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.41 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.67 Billion |