Wetouch Technology (WETH) Total Debt (2019 - 2024)
Wetouch Technology (WETH) posted quarterly Total Debt of $385694.0 for Q1 2024, down 18.38% year-over-year from $472526.0 in Q2 2023, and down 17.87% quarter-over-quarter from $469591.0 in Q4 2023.
Wetouch Technology (WETH) Total Debt (2019 - 2024) Analysis & Trends
Wetouch Technology's Total Debt history runs 6 years deep, the most recent figure standing at $385694.0 for Q1 2024.
- In Q1 2024, Total Debt fell 18.38% year-over-year to $385694.0; the TTM figure through Mar 2024 stood at $385694.0 (down 18.38% YoY), while the FY2023 annual figure was $469591.0, up 21.72% from the prior year.
- Total Debt for Q1 2024 stood at $385694.0, down from $469591.0 in the prior quarter.
- The five-year high for Total Debt was $628604.0 in Q1 2021, with the low at $32984.0 in Q2 2022.
- The 5-year median for Total Debt is $385791.0 (2022), against an average of $327780.8.
- The sharpest annual moves came in 2022 and 2023: Total Debt sank 94.46% in 2022, then surged 1318.68% in 2023.
- Wetouch Technology's Total Debt stood at $529060.0 in 2020, then sank by 93.45% to $34669.0 in 2021, then soared by 1012.78% to $385791.0 in 2022, then rose by 21.72% to $469591.0 in 2023, then slipped by 17.87% to $385694.0 in 2024.
- Business Quant data shows WETH's Total Debt at $385694.0 in Q1 2024, $469591.0 in Q4 2023, and $385791.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 18.81 Bn |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 8.47 Bn |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 5.63 Bn |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 5.22 Bn |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 810.40 Mn |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 3.88 Bn |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 973.46 Mn |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 729.66 Mn |
| 10 | Wetouch Technology | 15.33 Mn | -112.18 Mn | 4.88 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 385,694.00 |
| Dec 31, 2023 | 469,591.00 |
| Sep 30, 2023 | 385,791.00 |
| Jun 30, 2023 | 467,936.00 |
| Mar 31, 2023 | 472,526.00 |
| Dec 31, 2022 | 385,791.00 |
| Sep 30, 2022 | 105,890.00 |
| Jun 30, 2022 | 32,984.00 |
| Mar 31, 2022 | 34,833.00 |
| Dec 31, 2021 | 34,669.00 |
| Mar 31, 2021 | 628,604.00 |
| Dec 31, 2020 | 529,060.00 |
| Dec 31, 2019 | 430,923.00 |