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Wetouch Technology (WETH) Interest Expenses (2020 - 2024)

Wetouch Technology (WETH) has 5 years of Interest Expenses data on record, last reported at $1.2 million in Q1 2024.

  • For Q1 2024, Interest Expenses rose 3403.02% year-over-year to $1.2 million; the TTM value through Dec 2024 reached $1.2 million, up 363.68%, while the annual FY2024 figure was $1.2 million, 363.68% up from the prior year.
  • Interest Expenses reached $1.2 million in Q1 2024 per WETH's latest filing, up from $40942.0 in the prior quarter.
  • Across five years, Interest Expenses topped out at $1.2 million in Q1 2024 and bottomed at $4.0 in Q1 2021.
  • Average Interest Expenses over 5 years is $137756.8, with a median of $46786.0 recorded in 2022.
  • Peak YoY movement for Interest Expenses: tumbled 99.87% in 2021, then surged 1404200.0% in 2022.
  • A 5-year view of Interest Expenses shows it stood at $2924.0 in 2020, then tumbled by 99.86% to $4.0 in 2021, then skyrocketed by 1315650.0% to $52630.0 in 2022, then decreased by 22.21% to $40942.0 in 2023, then soared by 2757.64% to $1.2 million in 2024.
  • Per Business Quant database, its latest 3 readings for Interest Expenses were $1.2 million in Q1 2024, $40942.0 in Q4 2023, and $139876.0 in Q3 2023.