Wetouch Technology (WETH) Debt to Equity (2019 - 2022)
Wetouch Technology (WETH) reported Debt to Equity of $0.0 for Q4 2022, down 95.51% on a YoY basis from $0.0 in Q4 2021, and down 98.5% quarter-over-quarter from $0.0 in Q3 2022.
Wetouch Technology (WETH) Debt to Equity (2019 - 2022) Analysis & Trends
Wetouch Technology has reported Debt to Equity for 4 years, with the latest figure at $0.0 in Q4 2022.
- For the quarter ending Q4 2022, Debt to Equity fell 95.51% year-over-year to $0.0; the trailing twelve-month figure through Dec 2022 stood at $0.0 (down 95.51% YoY), and the FY2022 full-year result was $0.0, down 95.51% from the prior year.
- Debt to Equity for Q4 2022 stood at $0.0, down from $0.0 in the prior quarter.
- The five-year high for Debt to Equity was $0.16 in Q4 2019, with the low at $0.0 in Q4 2022.
- Historically, Debt to Equity has averaged $0.02 across 4 years, with a median of $0.0 in 2021.
- Annual changes were most pronounced in 2020 — Debt to Equity plunged 92.45% — and 2022, when it slumped 95.51%.
- Wetouch Technology's Debt to Equity stood at $0.16 in 2019, then sank by 92.45% to $0.01 in 2020, then slumped by 95.48% to $0.0 in 2021, then slumped by 95.51% to $0.0 in 2022.
- The last three Debt to Equity figures came in at $0.0 (Q4 2022), $0.0 (Q3 2022), and $0.0 (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 201.92 Bn | 196.89 Bn | 2.80 Bn | 1.33 |
| 2 | Corning | 167.41 Bn | 166.19 Bn | 1.53 Bn | 0.76 |
| 3 | TE Connectivity | 63.90 Bn | 62.94 Bn | 1.75 Bn | 0.43 |
| 4 | Flex | 54.73 Bn | 53.09 Bn | 702.00 Mn | 0.73 |
| 5 | Celestica | 42.91 Bn | 42.53 Bn | 437.20 Mn | 0.37 |
| 6 | Jabil | 39.52 Bn | 37.70 Bn | 746.00 Mn | 2.88 |
| 7 | Ttm Technologies | 22.37 Bn | 21.95 Bn | 181.18 Mn | 0.50 |
| 8 | Fabrinet | 20.58 Bn | 19.64 Bn | 144.34 Mn | - |
| 9 | Vicor | 15.04 Bn | 14.64 Bn | 62.37 Mn | - |
| 10 | Wetouch Technology | 16.35 Mn | -104.17 Mn | 5.82 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Mar 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.01 |
| Dec 31, 2019 | 0.16 |