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

Wetouch Technology has reported Interest Expenses over the past 5 years, most recently at $1.2 million for 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 for Q1 2024 was $1.2 million at Wetouch Technology, up from $40942.0 in the prior quarter.
  • Over five years, Interest Expenses peaked at $1.2 million in Q1 2024 and troughed at $4.0 in Q1 2021.
  • A 5-year average of $137756.8 and a median of $46786.0 in 2022 define the central range for Interest Expenses.
  • Biggest five-year swings in Interest Expenses: tumbled 99.87% in 2021 and later surged 1404200.0% in 2022.
  • Year by year, Interest Expenses stood at $2924.0 in 2020, then plummeted by 99.86% to $4.0 in 2021, then soared by 1315650.0% to $52630.0 in 2022, then dropped by 22.21% to $40942.0 in 2023, then surged by 2757.64% to $1.2 million in 2024.
  • Business Quant data shows Interest Expenses for WETH at $1.2 million in Q1 2024, $40942.0 in Q4 2023, and $139876.0 in Q3 2023.