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

Wetouch Technology has reported Interest Expenses for 5 years, with the latest figure at $1.2 million in Q1 2024.

• For the quarter ending Q1 2024, Interest Expenses rose 3403.02% year-over-year to $1.2 million; the trailing twelve-month figure through Dec 2024 stood at $1.2 million (up 363.68% YoY), and the FY2024 full-year result was $1.2 million, up 363.68% from the prior year.
• Interest Expenses for Q1 2024 stood at $1.2 million, up from $40942.0 in the prior quarter.
• The five-year high for Interest Expenses was $1.2 million in Q1 2024, with the low at $4.0 in Q1 2021.
• Historically, Interest Expenses has averaged $137756.8 across 5 years, with a median of $46786.0 in 2022.
• Annual changes were most pronounced in 2021 — Interest Expenses tumbled 99.87% — and 2022, when it surged 1404200.0%.
• Wetouch Technology's Interest Expenses stood at $2924.0 in 2020, then slumped by 99.86% to $4.0 in 2021, then soared by 1315650.0% to $52630.0 in 2022, then retreated by 22.21% to $40942.0 in 2023, then surged by 2757.64% to $1.2 million in 2024.
• The last three Interest Expenses figures came in at $1.2 million (Q1 2024), $40942.0 (Q4 2023), and $139876.0 (Q3 2023), per Business Quant data.