Interest Expense of Karat Packaging Inc. from 31 Dec 2021 to 31 Mar 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Karat Packaging Inc. quarterly and annual Interest Expense in USD history and change rate from 31 Dec 2021 to 31 Mar 2024.
  • Karat Packaging Inc. Interest Expense for the quarter ending 31 Mar 2024 was $524,000, a 29% increase year-over-year.
  • Karat Packaging Inc. Interest Expense for the twelve months ending 31 Mar 2024 was $2,160,000, a 11% increase year-over-year.
  • Karat Packaging Inc. annual Interest Expense for 2023 was $2,043,000, a 1.3% increase from 2022.
  • Karat Packaging Inc. annual Interest Expense for 2022 was $2,017,000, a 31% decline from 2021.
Source SEC data
View on sec.gov
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

Karat Packaging Inc. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2024 $2,160,000 $524,000 +$117,000 +29% 01 Jan 2024 31 Mar 2024 10-Q 10 May 2024 2024 Q1
Q4 2023 $2,043,000 $527,000 +$86,000 +20% 01 Oct 2023 31 Dec 2023 10-K 15 Mar 2024 2023 FY
Q3 2023 $1,957,000 $536,000 +$43,000 +8.7% 01 Jul 2023 30 Sep 2023 10-Q 09 Nov 2023 2023 Q3
Q2 2023 $1,914,000 $573,000 -$37,000 -6.1% 01 Apr 2023 30 Jun 2023 10-Q 09 Aug 2023 2023 Q2
Q1 2023 $1,951,000 $407,000 -$66,000 -14% 01 Jan 2023 31 Mar 2023 10-Q 10 May 2024 2024 Q1
Q4 2022 $2,017,000 $441,000 01 Oct 2022 31 Dec 2022 10-K 15 Mar 2024 2023 FY
Q3 2022 $493,000 01 Jul 2022 30 Sep 2022 10-Q 09 Nov 2023 2023 Q3
Q2 2022 $610,000 01 Apr 2022 30 Jun 2022 10-Q 09 Aug 2023 2023 Q2
Q1 2022 $473,000 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023 2023 Q1

Karat Packaging Inc. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2023 $2,043,000 +$26,000 +1.3% 01 Jan 2023 31 Dec 2023 10-K 15 Mar 2024 2023 FY
2022 $2,017,000 -$890,000 -31% 01 Jan 2022 31 Dec 2022 10-K 15 Mar 2024 2023 FY
2021 $2,907,000 01 Jan 2021 31 Dec 2021 10-K 16 Mar 2023 2022 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.