Growth Metrics

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

Wetouch Technology's Interest Expenses history spans 5 years, with the latest figure at $1.2 million for Q1 2024.

  • Quarterly results put Interest Expenses at $1.2 million for Q1 2024, up 3403.02% from a year ago — trailing twelve months through Dec 2024 was $1.2 million (up 363.68% YoY), and the annual figure for FY2024 was $1.2 million, up 363.68%.
  • Interest Expenses for Q1 2024 was $1.2 million at Wetouch Technology, up from $40942.0 in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $1.2 million in Q1 2024 to a low of $4.0 in Q1 2021.
  • The 5-year median for Interest Expenses is $46786.0 (2022), against an average of $137756.8.
  • The sharpest move saw Interest Expenses crashed 99.87% in 2021, then soared 1404200.0% in 2022.
  • Year by year, Interest Expenses 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.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $1.2 million, $40942.0, and $139876.0 for Q1 2024, Q4 2023, and Q3 2023 respectively.