Karat Packaging (KRT) Depreciation and Depletion (2020 - 2024)

Karat Packaging (KRT) has reported Depreciation and Depletion for 5 consecutive years, with $1.6 million the latest figure, recorded in Q3 2024.

• In Q3 2024, Depreciation and Depletion rose 35.82% year-over-year to $1.6 million; the TTM figure through Sep 2024 stood at $8.1 million (up 241.14% YoY), while the FY2023 annual figure was $6.8 million, up 15.1% from the prior year.
• Depreciation and Depletion came in at $1.6 million for Q3 2024 at Karat Packaging, down from $1.6 million in the prior quarter.
• The five-year high for Depreciation and Depletion was $3.3 million in Q4 2023, with the low at -$1.8 million in Q4 2022.
• Average Depreciation and Depletion over 5 years is $1.9 million, with a median of $2.5 million recorded in 2021.
• Across the five-year window, Depreciation and Depletion sank 172.07% in 2022 and surged 280.87% in 2023, its largest moves.
• Year by year, Depreciation and Depletion stood at $2.5 million in 2020, then climbed by 3.81% to $2.6 million in 2021, then tumbled by 172.07% to -$1.8 million in 2022, then soared by 280.87% to $3.3 million in 2023, then plunged by 52.5% to $1.6 million in 2024.
• According to Business Quant data, Depreciation and Depletion over the past three periods registered $1.6 million, $1.6 million, and $1.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.