Karat Total Liab vs Common Stock Shares Outstanding Analysis

KRT Stock  USD 30.03  0.00  0.00%   
Karat Packaging financial indicator trend analysis is infinitely more than just investigating Karat Packaging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karat Packaging is a good investment. Please check the relationship between Karat Packaging Total Liab and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our How to Invest in Karat Packaging guide.

Total Liab vs Common Stock Shares Outstanding

Total Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karat Packaging Total Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Karat Packaging's Total Liab and Common Stock Shares Outstanding is 0.51. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Karat Packaging, assuming nothing else is changed. The correlation between historical values of Karat Packaging's Total Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Karat Packaging are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Liab i.e., Karat Packaging's Total Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Karat Packaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karat Packaging current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our How to Invest in Karat Packaging guide.At this time, Karat Packaging's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Selling General Administrative is likely to drop slightly above 51 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.4M2.0M2.0M2.9M
Depreciation And Amortization10.0M14.2M15.8M9.6M

Karat Packaging fundamental ratios Correlations

0.68-0.67-0.50.940.890.990.60.390.860.940.80.990.450.370.730.70.950.880.840.830.650.990.960.930.8
0.68-0.48-0.250.380.410.750.40.920.420.860.410.740.250.340.950.420.630.30.380.940.450.580.780.360.98
-0.67-0.480.09-0.61-0.63-0.68-0.71-0.27-0.62-0.68-0.59-0.71-0.6-0.5-0.41-0.43-0.62-0.47-0.73-0.5-0.37-0.68-0.7-0.62-0.55
-0.5-0.250.09-0.49-0.55-0.510.05-0.09-0.53-0.48-0.41-0.51-0.13-0.14-0.5-0.34-0.64-0.42-0.25-0.51-0.29-0.52-0.5-0.51-0.36
0.940.38-0.61-0.490.930.890.540.050.890.770.830.880.420.280.460.70.880.980.860.590.620.970.840.990.54
0.890.41-0.63-0.550.930.850.540.040.980.770.950.840.310.150.470.870.850.90.870.580.810.920.80.920.56
0.990.75-0.68-0.510.890.850.60.490.820.980.741.00.450.40.80.640.960.820.80.880.60.970.990.880.86
0.60.4-0.710.050.540.540.60.240.430.590.460.640.750.650.340.370.630.480.860.410.330.540.540.610.47
0.390.92-0.27-0.090.050.040.490.240.040.650.010.490.20.360.870.030.38-0.030.070.810.080.270.550.050.85
0.860.42-0.62-0.530.890.980.820.430.040.740.970.810.180.020.460.910.790.870.80.570.860.90.790.870.56
0.940.86-0.68-0.480.770.770.980.590.650.740.670.980.430.420.90.60.930.690.730.950.570.90.980.770.94
0.80.41-0.59-0.410.830.950.740.460.010.970.670.730.190.020.390.970.690.820.790.510.930.830.690.80.52
0.990.74-0.71-0.510.880.841.00.640.490.810.980.730.520.470.80.620.970.80.820.880.570.960.980.890.85
0.450.25-0.6-0.130.420.310.450.750.20.180.430.190.520.970.30.010.540.330.590.34-0.050.410.390.50.32
0.370.34-0.5-0.140.280.150.40.650.360.020.420.020.470.970.39-0.150.480.170.420.4-0.190.310.360.370.38
0.730.95-0.41-0.50.460.470.80.340.870.460.90.390.80.30.390.370.750.370.380.990.380.640.830.460.97
0.70.42-0.43-0.340.70.870.640.370.030.910.60.970.620.01-0.150.370.580.730.690.470.990.710.590.670.5
0.950.63-0.62-0.640.880.850.960.630.380.790.930.690.970.540.480.750.580.810.820.820.510.930.930.910.76
0.880.3-0.47-0.420.980.90.820.48-0.030.870.690.820.80.330.170.370.730.810.820.50.670.920.750.960.46
0.840.38-0.73-0.250.860.870.80.860.070.80.730.790.820.590.420.380.690.820.820.490.620.830.740.90.51
0.830.94-0.5-0.510.590.580.880.410.810.570.950.510.880.340.40.990.470.820.50.490.460.750.90.580.98
0.650.45-0.37-0.290.620.810.60.330.080.860.570.930.57-0.05-0.190.380.990.510.670.620.460.650.550.580.51
0.990.58-0.68-0.520.970.920.970.540.270.90.90.830.960.410.310.640.710.930.920.830.750.650.940.950.72
0.960.78-0.7-0.50.840.80.990.540.550.790.980.690.980.390.360.830.590.930.750.740.90.550.940.830.88
0.930.36-0.62-0.510.990.920.880.610.050.870.770.80.890.50.370.460.670.910.960.90.580.580.950.830.53
0.80.98-0.55-0.360.540.560.860.470.850.560.940.520.850.320.380.970.50.760.460.510.980.510.720.880.53
Click cells to compare fundamentals

Karat Packaging Account Relationship Matchups

Karat Packaging fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets133.4M181.1M207.6M252.2M276.4M190.3M
Short Long Term Debt Total75.2M98.6M36.5M58.6M71.0M66.4M
Other Current Liab9.0M6.3M7.8M2.3M7.4M5.4M
Total Current Liabilities35.9M43.1M30.8M39.3M44.4M34.2M
Total Stockholder Equity15.7M32.4M122.9M141.7M154.1M77.2M
Net Tangible Assets15.7M29.3M119.0M137.8M158.5M166.4M
Property Plant And Equipment Net59.0M95.5M93.5M111.3M116.0M83.8M
Current Deferred Revenue676K551K1.2M1.3M951K1.1M
Net Debt74.4M98.1M30.0M42.6M47.9M42.7M
Retained Earnings1.7M18.7M39.4M56.1M67.7M71.1M
Accounts Payable19.0M25.1M20.5M23.5M23.8M21.8M
Cash802K448K6.5M16.0M23.1M24.2M
Non Current Assets Total72.3M101.3M104.7M128.4M121.5M94.0M
Non Currrent Assets Other9.8M161K7.4M13.2M1.7M1.6M
Other Assets13.3M2.7M7.4M13.2M1.00.95
Long Term Debt67.4M86.6M35.3M41.6M48.4M47.0M
Cash And Short Term Investments802K448K6.5M16.0M49.4M51.9M
Net Receivables21.7M23.8M32.8M29.9M27.8M25.6M
Common Stock Shares Outstanding15.2M15.4M19.8M19.9M20.0M19.5M
Liabilities And Stockholders Equity133.4M181.1M207.6M252.2M276.4M190.3M
Non Current Liabilities Total73.4M98.1M44.8M61.0M69.3M57.8M
Capital Lease Obligations951K611K0.04.5M21.5M22.6M
Inventory35.4M49.0M58.5M71.2M71.5M54.0M
Other Current Assets3.1M6.5M5.1M6.6M6.2M4.9M
Total Liab109.3M141.2M75.6M100.2M113.7M104.9M
Net Invested Capital90.0M130.3M159.4M957K203.6M108.6M
Property Plant And Equipment Gross59.0M95.5M133.8M111.3M165.7M97.9M
Short Long Term Debt6.9M11.4M1.2M957K1.1M1.1M
Total Current Assets61.0M79.8M102.9M123.8M154.9M96.2M
Net Working Capital25.1M36.6M72.1M84.5M110.5M116.1M
Short Term Debt7.2M11.7M1.2M10.0M10.7M11.8M
Property Plant Equipment59.0M95.5M93.5M95.6M109.9M73.6M
Other Liab4.1M8.4M9.5M7.8M9.0M6.9M

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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.