Growth Metrics

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

Historic Interest Expenses for Wetouch Technology (WETH) over the last 5 years, with Q1 2024 value amounting to $1.2 million.

  • Wetouch Technology's Interest Expenses rose 340302.1% to $1.2 million in Q1 2024 from the same period last year, while for Dec 2024 it was $1.2 million, marking a year-over-year increase of 36367.74%. This contributed to the annual value of $1.2 million for FY2024, which is 36367.74% up from last year.
  • Latest data reveals that Wetouch Technology reported Interest Expenses of $1.2 million as of Q1 2024, which was up 340302.1% from $40942.0 recorded in Q4 2023.
  • Wetouch Technology's Interest Expenses' 5-year high stood at $1.2 million during Q1 2024, with a 5-year trough of $4.0 in Q1 2021.
  • Over the past 5 years, Wetouch Technology's median Interest Expenses value was $46786.0 (recorded in 2022), while the average stood at $137756.8.
  • Per our database at Business Quant, Wetouch Technology's Interest Expenses plummeted by 9986.53% in 2021 and then soared by 140420000.0% in 2022.
  • Quarter analysis of 5 years shows Wetouch Technology's Interest Expenses stood at $2924.0 in 2020, then crashed by 99.86% to $4.0 in 2021, then skyrocketed 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.
  • Its last three reported values are $1.2 million in Q1 2024, $40942.0 for Q4 2023, and $139876.0 during Q3 2023.