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 | 170.58 Bn | 165.55 Bn | 2.80 Bn | 1.33 |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 0.76 |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 0.43 |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 0.73 |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 0.37 |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 2.88 |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | - |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 0.50 |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 0.83 |
| 10 | Wetouch Technology | 15.75 Mn | -104.77 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 |