Karat Packaging (KRT)

Net assets on the balance sheet as of September 2024 : HK$1.27 Billion

According to Karat Packaging's latest financial reports the company has HK$1.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Karat Packaging - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.18 B	15.31%
2021-12-31	$HK$1.02 B	233.09%
2020-12-31	$HK$0.30 B	64.98%
2019-12-31	$HK$0.18 B	9.29%
2018-12-31	$HK$0.17 B	105.09%
2017-12-31	$HK$83.58 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Karat Packaging KRT	HK$1.27 B	0.00%	🇺🇸 USA
Myers Industries MYE	HK$2.14 B	68.49%	🇺🇸 USA
Tupperware Brands TUP	-HK$4.08 Billion	-420.55%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Karat Packaging (KRT) - Net assets

Net assets on the balance sheet as of September 2024 : HK$1.27 Billion