Debt to EBITDA ratio Analysis of Karat Packaging Inc - Deep Dive


Debt to EBITDA of KRT
Dec-23
1.08
Very Good Debt to EBITDA
Dec-22
1.01
Very Good Debt to EBITDA
Growth
6.89
%
Debt to EBITDA Analysis of Karat Packaging Inc
Debt to EBITDA Ratio 1.08 of Karat Packaging Inc shows that the company is financially strong and has enough profit to pay off its debt.
Debt to EBITDA Ratio of KRT has grown by 6.89 % Compared to previous Financial Year.
Debt to EBITDA Ratio with value of 5.65 was highest in Year Dec-19 in last Five Years.
Debt to EBITDA Ratio with value of 0.393 was lowest in Year Dec-21 in last Five Years.
Latest Debt to EBITDA Ratio with value of 1.08 is lower than Average Debt to EBITDA of 2.16 in last five years.
Other Debt to EBITDA Related Info of KRT that may interest you.
Karat Packaging Inc Overview
CodePricePrevious PricePrice ChangeSector
KRT28.5728.4 0.599 % Packaging & Containers
Fundamental AnalysisTechnical Analysis
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization.    more ..
Debt to EBITDA Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
Good Stability
FY - Historical Debt to EBITDA of Karat Packaging Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA1.081.010.3932.675.656.963.63
Change6.89 %157.15 %-85.28 %-52.75 %-18.89 %91.51 %
FY Chart of Debt to EBITDA of Karat Packaging Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)