Wetouch Technology (WETH) Total Debt (2019 - 2024)
Wetouch Technology's Total Debt came in at $385,694 for Q1 2024, down 77.6% from $1.72 million a year earlier and down 77.4% from the prior quarter.
Analysis
Wetouch Technology (WETH) Total Debt (2019 - 2024) Analysis & Trends
At the end of FY2023, Wetouch Technology's Total Debt was $1.71 million, up 2.7% from FY2022.
- Total Debt carries a four-year compound annual growth rate of 41.1% (FY2019 to FY2023).
- Going back by year, Total Debt was $1.66 million in FY2022 (-18.1%), $2.03 million in FY2021 and $430,923 in FY2019.
- The Q1 2024 figure represents the lowest quarterly Total Debt in data going back to Q4 2019.
- Year-over-year, Total Debt increased in 1 of the last six quarters, with an average decline of 23.1%.
- Business Quant data shows WETH's Total Debt at $1.71 million (Q4 2023), $1.62 million (Q3 2023) and $1.72 million (Q2 2023) in the three quarters before Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 84.34 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 29.53 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 34.47 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | - |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 3.57 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.05 Bn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 7.55 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 20.24 Bn |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 385,694.00 |
| Dec 31, 2023 | 1.71 Mn |
| Sep 30, 2023 | 1.62 Mn |
| Jun 30, 2023 | 1.72 Mn |
| Mar 31, 2023 | 1.72 Mn |
| Dec 31, 2022 | 1.66 Mn |
| Sep 30, 2022 | 1.94 Mn |
| Jun 30, 2022 | 1.99 Mn |
| Mar 31, 2022 | 2.04 Mn |
| Dec 31, 2021 | 2.03 Mn |
| Dec 31, 2019 | 430,923.00 |
API Access
Wetouch Technology Total Debt 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=total-debt&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();