Wetouch Technology (WETH) Interest Expenses (2020 - 2024)
Wetouch Technology (WETH) reported Interest Expenses of $1.17 million for FY2024, up 363.7% from $252,325 in FY2023.
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Analysis
Wetouch Technology (WETH) Interest Expenses (2020 - 2024) Analysis & Trends
Dating back to FY2019, Wetouch Technology's Interest Expenses record includes 6 years.
- Interest Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 133.4% (FY2019 to FY2024).
- The FY2024 figure ranks as the highest annual Interest Expenses since FY2020.
- According to Business Quant data, Interest Expenses came in at $252,325 in FY2023 (+12.2%), $224,885 in FY2022 (+719.3%), $27,450 in FY2021 (-98.4%) and $1.73 million in FY2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 373.00 Mn |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | - |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | 2.00 Mn |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 64.00 Mn |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 14.00 Mn |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 147.26 Mn |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 3.60 Mn |
| 10 | Wetouch Technology | 12.78 Mn | -466.81 Mn | 4.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.17 Mn |
| Dec 31, 2023 | 40,942.00 |
| Sep 30, 2023 | 139,876.00 |
| Jun 30, 2023 | 38,108.00 |
| Mar 31, 2023 | 33,399.00 |
| Dec 31, 2022 | 52,630.00 |
| Sep 30, 2022 | 58,692.00 |
| Jun 30, 2022 | 57,391.00 |
| Mar 31, 2022 | 56,172.00 |
| Mar 31, 2021 | 4.00 |
| Jun 30, 2020 | 2,924.00 |
| Mar 31, 2020 | 2,969.00 |
API Access
Wetouch Technology Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "WETH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();