Growth Metrics

Wetouch Technology (WETH) Interest Coverage Ratio (2020 - 2024)

Wetouch Technology (WETH) has 5 years of Interest Coverage Ratio data on record, last reported at 1.97 in Q1 2024.

  • For Q1 2024, Interest Coverage Ratio fell 98.47% year-over-year to 1.97; the TTM value through Dec 2024 reached 7.96, down 84.12%, while the annual FY2024 figure was 7.96, 84.12% down from the prior year.
  • Interest Coverage Ratio reached 1.97 in Q1 2024 per WETH's latest filing, up from 49.59 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 346873.0 in Q1 2021 and bottomed at 49.59 in Q4 2023.
  • Average Interest Coverage Ratio over 5 years is 29048.95, with a median of 75.69 recorded in 2022.
  • Peak YoY movement for Interest Coverage Ratio: soared 73779.27% in 2021, then plummeted 222.98% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 776.03 in 2020, then skyrocketed by 44598.32% to 346873.0 in 2021, then tumbled by 100.0% to 15.35 in 2022, then crashed by 222.98% to 49.59 in 2023, then skyrocketed by 103.97% to 1.97 in 2024.
  • Per Business Quant database, its latest 3 readings for Interest Coverage Ratio were 1.97 in Q1 2024, 49.59 in Q4 2023, and 30.64 in Q3 2023.