Wetouch Technology (WETH) Interest Coverage Ratio (2020 - 2024)
Wetouch Technology's Interest Coverage Ratio was 7.96 in FY2024, down 84.1% from 50.13 in FY2023.
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Analysis
Wetouch Technology (WETH) Interest Coverage Ratio (2020 - 2024) Analysis & Trends
From FY2019 onward, Wetouch Technology has reported Interest Coverage Ratio for 6 years.
- Interest Coverage Ratio has now declined for three consecutive years.
- The FY2024 figure marks the lowest annual Interest Coverage Ratio since FY2020.
- Per Business Quant data, Interest Coverage Ratio in earlier years was 50.13 in FY2023 (-1.2%), 50.76 in FY2022 (-89.0%), 459.91 in FY2021 and 6.87 in FY2020 (-99.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 11.43 |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | - |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 3,518.50 |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 24.36 |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 111.64 |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 20.30 |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | - |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.97 |
| Dec 31, 2023 | -49.59 |
| Sep 30, 2023 | 30.64 |
| Jun 30, 2023 | 159.93 |
| Mar 31, 2023 | 128.76 |
| Dec 31, 2022 | -15.35 |
| Sep 30, 2022 | 80.73 |
| Jun 30, 2022 | 70.64 |
| Mar 31, 2022 | 61.07 |
| Mar 31, 2021 | 346,873.00 |
| Jun 30, 2020 | 776.03 |
| Mar 31, 2020 | 469.51 |
API Access
Wetouch Technology Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "WETH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();