Wetouch Technology (WETH) Interest Coverage Ratio (2020 - 2024)
Historic Interest Coverage Ratio for Wetouch Technology (WETH) over the last 5 years, with Q1 2024 value amounting to 1.97.
- Wetouch Technology's Interest Coverage Ratio fell 9847.0% to 1.97 in Q1 2024 from the same period last year, while for Dec 2024 it was 7.96, marking a year-over-year decrease of 8411.54%. This contributed to the annual value of 7.96 for FY2024, which is 8411.53% down from last year.
- Per Wetouch Technology's latest filing, its Interest Coverage Ratio stood at 1.97 for Q1 2024, which was down 9847.0% from 49.59 recorded in Q4 2023.
- Wetouch Technology's Interest Coverage Ratio's 5-year high stood at 346873.0 during Q1 2021, with a 5-year trough of 49.59 in Q4 2023.
- Moreover, its 5-year median value for Interest Coverage Ratio was 75.69 (2022), whereas its average is 29048.95.
- In the last 5 years, Wetouch Technology's Interest Coverage Ratio soared by 7377926.96% in 2021 and then tumbled by 22298.0% in 2023.
- Wetouch Technology's Interest Coverage Ratio (Quarter) stood at 776.03 in 2020, then surged by 44598.32% to 346873.0 in 2021, then crashed by 100.0% to 15.35 in 2022, then plummeted by 222.98% to 49.59 in 2023, then surged by 103.97% to 1.97 in 2024.
- Its Interest Coverage Ratio was 1.97 in Q1 2024, compared to 49.59 in Q4 2023 and 30.64 in Q3 2023.