Meridian™
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KRT · CIK 0001758021 · FY2025 live · 2025-12-31

Karat Packaging Inc.

SafeSEC 10-KClassic ZMaterials81st percentile in Materials · 260 names

View as

Model

Classic Z

FY2025

3.47

Zone

Safe

Prior

—

Market DD

—

1y PD

—

3.47

Z″ 4.94

−21.83.08+

Score 3.47 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.32
    1.2 × = 0.38

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.21
    1.4 × = 0.30

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    0.14
    3.3 × = 0.48

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    1.14
    0.6 × = 0.69

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    1.63
    1 × = 1.63

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

80.27

0–100 · Classic Z family

  • Book standing

    83

  • Year change

    —

  • Market PD

    —

  • O-score

    73

Events on this name

Same published rows as Today.

  • Approaching grey

    watch · 41

    • Live Z: — → 3.47
    • Cut: — → 1.80

Overview

rule-v1

Karat Packaging Inc. is on classic Z at 3.47 (safe) for FY2025, from an SEC 10-K. Sales / assets is the line that sets the print. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

Book screen Safe; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 81st percentile in Materials.

KPI widgets

Current assets

$161M

Total assets

$288M

Current liabilities

$70M

Total liabilities

$131M

Working capital

$91M

Retained earnings

$62M

EBIT

$41M

Total sales

$468M

Book equity

$149M

Accession 0001758021-26-000010. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.