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

Wetouch Technology has reported Interest Coverage Ratio for 5 years, with the latest figure at 1.97 in Q1 2024.

• On a quarterly basis, Interest Coverage Ratio fell 98.47% year-over-year to 1.97 in Q1 2024; TTM through Dec 2024 was 7.96, a 84.12% decrease from a year earlier, with the FY2024 full-year figure at 7.96, down 84.12% from the prior year.
• Interest Coverage Ratio was 1.97 for Q1 2024 at Wetouch Technology, up from 49.59 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 346873.0 in Q1 2021, with the low 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.
• The sharpest annual moves came in 2021 and 2023: Interest Coverage Ratio jumped 73779.27% in 2021, then tumbled 222.98% in 2023.
• Over 5 years, Interest Coverage Ratio stood at 776.03 in 2020, then surged by 44598.32% to 346873.0 in 2021, then plunged by 100.0% to 15.35 in 2022, then slumped by 222.98% to 49.59 in 2023, then surged by 103.97% to 1.97 in 2024.
• The last three Interest Coverage Ratio figures came in at 1.97 (Q1 2024), 49.59 (Q4 2023), and 30.64 (Q3 2023), per Business Quant data.