Karat Packaging Stock Today

KRT Stock  USD 30.46  0.45  1.46%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Karat Packaging is selling for under 30.46 as of the 28th of November 2024; that is 1.46 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 30.1. Karat Packaging has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Karat Packaging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
15th of April 2021
Category
Consumer Cyclical
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. Karat Packaging Inc. was founded in 2000 and is based in Chino, California. The company has 20.02 M outstanding shares of which 75.93 K shares are now shorted by investors with about 2.37 days to cover. More on Karat Packaging

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Karat Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaRubber and Plastic Products (View all Themes)
Old NameKRUNGTHAI CARD -F-
Business ConcentrationDiversified Metals & Mining, Packaging & Containers, Consumer Cyclical, NASDAQ Composite, Rubber and Plastic Products, Materials, Metals & Mining, Packaging & Containers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.120.1175
Fairly Up
Slightly volatile
Asset Turnover1.931.4676
Significantly Up
Slightly volatile
Gross Profit Margin0.240.3773
Way Down
Very volatile
Net Debt42.7 M47.9 M
Fairly Down
Slightly volatile
Total Current Liabilities34.2 M44.4 M
Significantly Down
Slightly volatile
Non Current Liabilities Total57.8 M69.3 M
Fairly Down
Slightly volatile
Total Assets190.3 M276.4 M
Way Down
Slightly volatile
Total Current Assets96.2 M154.9 M
Way Down
Slightly volatile
Debt Levels
Karat Packaging can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Karat Packaging's financial leverage. It provides some insight into what part of Karat Packaging's total assets is financed by creditors.
Liquidity
Karat Packaging has 71 M in debt with debt to equity (D/E) ratio of 0.37, which is OK given its current industry classification. Karat Packaging has a current ratio of 3.52, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Karat to invest in growth at high rates of return.

Other Cashflows From Financing Activities

41,800
Karat Packaging (KRT) is traded on NASDAQ Exchange in USA. It is located in 6185 Kimball Avenue, Chino, CA, United States, 91708 and employs 778 people. Karat Packaging is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 618.94 M. Karat Packaging runs under Metals & Mining sector within Materials industry. The entity has 20.02 M outstanding shares of which 75.93 K shares are now shorted by investors with about 2.37 days to cover. Karat Packaging has about 3.5 M in cash with 53.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Check Karat Packaging Probability Of Bankruptcy
Ownership Allocation
Karat Packaging maintains a total of 20.02 Million outstanding shares. Karat Packaging secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.22 % of Karat Packaging outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Karat Ownership Details

Karat Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
133.3 K
Kornitzer Capital Management Inc2024-09-30
126.7 K
State Street Corp2024-06-30
120.9 K
Aqr Capital Management Llc2024-06-30
117 K
Boston Partners Global Investors, Inc2024-09-30
111.5 K
Uniplan Investment Counsel, Inc.2024-06-30
85.4 K
O'shaughnessy Asset Management Llc2024-06-30
70.3 K
Barclays Plc2024-06-30
63.2 K
T. Rowe Price Associates, Inc.2024-06-30
61.8 K
Wellington Management Company Llp2024-06-30
446.4 K
Blackrock Inc2024-06-30
408.2 K
View Karat Packaging Diagnostics

Karat Packaging Historical Income Statement

At this time, Karat Packaging's Tax Provision is comparatively stable compared to the past year. Interest Expense is likely to gain to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 51 M in 2024. View More Fundamentals

Karat Stock Against Markets

Karat Packaging Corporate Management

Marvin ChengVP SecretaryProfile
Daniel QuireDirector SalesProfile
Jian GuoChief OfficerProfile
Alan YuChairman CEOProfile
Joanne WangCOO DirectorProfile

Additional Tools for Karat Stock Analysis

When running Karat Packaging's price analysis, check to measure Karat Packaging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Karat Packaging is operating at the current time. Most of Karat Packaging's value examination focuses on studying past and present price action to predict the probability of Karat Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karat Packaging's price. Additionally, you may evaluate how the addition of Karat Packaging to your portfolios can decrease your overall portfolio volatility.