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
DateValue
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