Interest Expense in USD of Karat Packaging Inc. from 2021 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Karat Packaging Inc. quarterly/annual Interest Expense history and change rate from 2021 to Q1 2024.
  • Karat Packaging Inc. Interest Expense for the quarter ending 31 Mar 2024 was $524K, a 28.7% increase year-over-year.
  • Karat Packaging Inc. Interest Expense for the twelve months ending 31 Mar 2024 was $2.16M, a 10.7% increase year-over-year.
  • Karat Packaging Inc. annual Interest Expense for 2023 was $2.04M, a 1.29% increase from 2022.
  • Karat Packaging Inc. annual Interest Expense for 2022 was $2.02M, a 30.6% decline from 2021.
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
Q1 2024 $2.16M $524K +$117K +28.7% 01 Jan 2024 31 Mar 2024 10-Q 10 May 2024
Q4 2023 $2.04M $527K +$86K +19.5% 01 Oct 2023 31 Dec 2023 10-K 15 Mar 2024
Q3 2023 $1.96M $536K +$43K +8.72% 01 Jul 2023 30 Sep 2023 10-Q 09 Nov 2023
Q2 2023 $1.91M $573K -$37K -6.07% 01 Apr 2023 30 Jun 2023 10-Q 09 Aug 2023
Q1 2023 $1.95M $407K -$66K -14% 01 Jan 2023 31 Mar 2023 10-Q 10 May 2024
Q4 2022 $2.02M $441K 01 Oct 2022 31 Dec 2022 10-K 15 Mar 2024
Q3 2022 $493K 01 Jul 2022 30 Sep 2022 10-Q 09 Nov 2023
Q2 2022 $610K 01 Apr 2022 30 Jun 2022 10-Q 09 Aug 2023
Q1 2022 $473K 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023

Karat Packaging Inc. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.04M +$26K +1.29% 01 Jan 2023 31 Dec 2023 10-K 15 Mar 2024
2022 $2.02M -$890K -30.6% 01 Jan 2022 31 Dec 2022 10-K 15 Mar 2024
2021 $2.91M 01 Jan 2021 31 Dec 2021 10-K 16 Mar 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.