Wetouch Technology (WETH) Debt Ratio (2019 - 2022)

Wetouch Technology has reported Debt Ratio for 4 years, with the latest figure at 0.0 in Q4 2022.

• For the quarter ending Q4 2022, Debt Ratio fell 95.49% year-over-year to 0.0; the trailing twelve-month figure through Dec 2022 stood at 0.0 (down 95.49% YoY), and the FY2022 full-year result was 0.0, down 95.49% from the prior year.
• Debt Ratio for Q4 2022 stood at 0.0, down from 0.0 in the prior quarter.
• The five-year high for Debt Ratio was 0.12 in Q4 2019, with the low at 0.0 in Q4 2022.
• Historically, Debt Ratio has averaged 0.02 across 4 years, with a median of 0.0 in 2021.
• Annual changes were most pronounced in 2020 — Debt Ratio slumped 90.62% — and 2022, when it plunged 95.53%.
• Wetouch Technology's Debt Ratio stood at 0.12 in 2019, then slumped by 90.62% to 0.01 in 2020, then slumped by 95.51% to 0.0 in 2021, then plunged by 95.49% to 0.0 in 2022.
• The last three Debt Ratio figures came in at 0.0 (Q4 2022), 0.0 (Q3 2022), and 0.0 (Q2 2022), per Business Quant data.