Karat Packaging Inc (KRT) - Total Liabilities
Based on the latest financial reports, Karat Packaging Inc (KRT) has total liabilities worth $141.25 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore cash efficiency ratio of Karat Packaging Inc to assess how effectively this company generates cash.
Karat Packaging Inc - Total Liabilities Trend (2017–2024)
This chart illustrates how Karat Packaging Inc's total liabilities have evolved over time, based on quarterly financial data. Check KRT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Karat Packaging Inc Competitors by Total Liabilities
The table below lists competitors of Karat Packaging Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066
|
China | CN¥406.70 Million |
|
Xinjiang Winka Times Dept
SHG:603101
|
China | CN¥3.52 Billion |
|
Peet Ltd
AU:PPC
|
Australia | AU$403.77 Million |
|
PlayAGS Inc
NYSE:AGS
|
USA | $592.31 Million |
|
ECS ICT Bhd
KLSE:5162
|
Malaysia | RM525.53 Million |
|
Leaguer Shenzhen MicroElectronics Corp
SHG:688589
|
China | CN¥451.92 Million |
|
Ability Opto-Electronics Technology Co Ltd
TWO:3362
|
Taiwan | NT$6.78 Billion |
Liability Composition Analysis (2017–2024)
This chart breaks down Karat Packaging Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see KRT company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.14 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.91 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.47 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Karat Packaging Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Karat Packaging Inc (2017–2024)
The table below shows the annual total liabilities of Karat Packaging Inc from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $132.32 Million | +16.37% |
| 2023-12-31 | $113.71 Million | +13.43% |
| 2022-12-31 | $100.24 Million | +32.64% |
| 2021-12-31 | $75.57 Million | -46.49% |
| 2020-12-31 | $141.24 Million | +29.22% |
| 2019-12-31 | $109.30 Million | +47.46% |
| 2018-12-31 | $74.12 Million | +38.83% |
| 2017-12-31 | $53.39 Million | -- |
About 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