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

Wetouch Technology's Interest Coverage Ratio history spans 5 years, with the latest figure at 1.97 for Q1 2024.

  • Quarterly results put Interest Coverage Ratio at 1.97 for Q1 2024, down 98.47% from a year ago — trailing twelve months through Dec 2024 was 7.96 (down 84.12% YoY), and the annual figure for FY2024 was 7.96, down 84.12%.
  • Interest Coverage Ratio for Q1 2024 was 1.97 at Wetouch Technology, up from 49.59 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 346873.0 in Q1 2021 to a low of 49.59 in Q4 2023.
  • The 5-year median for Interest Coverage Ratio is 75.69 (2022), against an average of 29048.95.
  • The sharpest move saw Interest Coverage Ratio skyrocketed 73779.27% in 2021, then tumbled 222.98% in 2023.
  • Year by year, Interest Coverage Ratio 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.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 1.97, 49.59, and 30.64 for Q1 2024, Q4 2023, and Q3 2023 respectively.