Growth Metrics

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

Wetouch Technology has reported Interest Coverage Ratio over the past 5 years, most recently at 1.97 for 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 for Q1 2024 was 1.97 at Wetouch Technology, up from 49.59 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 346873.0 in Q1 2021 and troughed at 49.59 in Q4 2023.
  • A 5-year average of 29048.95 and a median of 75.69 in 2022 define the central range for Interest Coverage Ratio.
  • Biggest five-year swings in Interest Coverage Ratio: soared 73779.27% in 2021 and later plummeted 222.98% in 2023.
  • Year by year, Interest Coverage Ratio stood at 776.03 in 2020, then soared by 44598.32% to 346873.0 in 2021, then plummeted by 100.0% to 15.35 in 2022, then tumbled by 222.98% to 49.59 in 2023, then soared by 103.97% to 1.97 in 2024.
  • Business Quant data shows Interest Coverage Ratio for WETH at 1.97 in Q1 2024, 49.59 in Q4 2023, and 30.64 in Q3 2023.