Karat Packaging Inc. (KRT) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
	10-K	10-K	10-K/A	S-1/A
Assets
Cash and equivalents	16.0	6.5	0.4	0.8
Accounts receivable, net	29.9	32.8	23.8	21.0
Inventories	71.2	58.5	49.0	35.4
Other current assets	6.6	5.1	6.5	3.8
Total current assets	123.8	102.9	79.8	61.0
Property, plant, and equipment, net	95.6	93.5	95.5	59.0
Intangibles	0.4	0.4
Goodwill	3.5	3.5	3.1
Other fixed assets	0.8	0.5	0.2	0.1
Total assets	252.2	207.6	181.1	133.4

Accounts payable	18.6	18.5	20.1	19.0
Accrued expenses	9.0	7.8	5.0	2.8
Short-term and curr portion of long-term debt [+]	1.0	1.2	11.4	33.9
Short-term debt				26.7
Current portion of long-term debt	1.0	1.2	11.4	6.9
Other current liabilities	10.7	3.3	6.7	-19.8
Total current liabilities	39.3	30.8	43.1	35.9
Long-term debt			33.2	41.3
Other liabilities	61.0	44.8	64.9	32.0
Total liabilities	100.2	75.6	141.2	109.3

Shareholders' equity [+]	151.9	132.0	39.9	24.1
Paid-in capital	85.8	83.7	14.0	14.0
Retained earnings	56.1	39.4	18.7	1.7
Treasury stock	-0.2	-0.2	-0.2
Tangible shareholders' equity	148.1	128.1	36.8	24.1