Wetouch Technology (WETH) Total Debt (2019 - 2022)

Wetouch Technology (WETH) reported Total Debt of $1665.0 for Q4 2022, down 95.2% on a YoY basis from $34669.0 in Q4 2021, and down 98.43% quarter-over-quarter from $105890.0 in Q3 2022.

Wetouch Technology (WETH) Total Debt (2019 - 2022) Analysis & Trends

Wetouch Technology has reported Total Debt for 4 years, with the latest figure at $1665.0 in Q4 2022.

  • For the quarter ending Q4 2022, Total Debt fell 95.2% year-over-year to $1665.0; the trailing twelve-month figure through Dec 2022 stood at $1665.0 (down 95.2% YoY), and the FY2022 full-year result was $1665.0, down 95.2% from the prior year.
  • Total Debt for Q4 2022 stood at $1665.0, down from $105890.0 in the prior quarter.
  • The five-year high for Total Debt was $5.0 million in Q4 2019, with the low at $1665.0 in Q4 2022.
  • Historically, Total Debt has averaged $796063.5 across 4 years, with a median of $70361.5 in 2022.
  • Annual changes were most pronounced in 2020 — Total Debt plunged 89.42% — and 2022, when it slumped 95.2%.
  • Wetouch Technology's Total Debt stood at $5.0 million in 2019, then sank by 89.42% to $529060.0 in 2020, then sank by 93.45% to $34669.0 in 2021, then tumbled by 95.2% to $1665.0 in 2022.
  • The last three Total Debt figures came in at $1665.0 (Q4 2022), $105890.0 (Q3 2022), and $32984.0 (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn 18.75 Bn
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn 8.97 Bn
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn 5.66 Bn
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn 3.75 Bn
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn 772.40 Mn
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn 3.88 Bn
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn -
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn 915.69 Mn
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn 2.17 Bn
10 Wetouch Technology 15.75 Mn -104.77 Mn 5.82 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 1,665.00
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 5.00 Mn