Wetouch Technology Inc (WETH)
2.25
+0.37
(+19.68%)
USD |
NASDAQ |
May 17, 16:00
2.25
0.00 (0.00%)
After-Hours: 20:00
Wetouch Technology Debt to Equity Ratio: 0.0151 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0151 |
| September 30, 2023 | 0.0145 |
| June 30, 2023 | 0.0157 |
| March 31, 2023 | 0.0155 |
| December 31, 2022 | 0.0242 |
| September 30, 2022 | 0.0295 |
| June 30, 2022 | 0.03 |
| Date | Value |
|---|---|
| March 31, 2022 | 0.0303 |
| December 31, 2021 | 0.0316 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | 0.00 |
| March 31, 2021 | 0.00 |
| December 31, 2020 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Dec 2020
0.0316
Maximum
Dec 2021
0.0159
Average
0.0155
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| ReAlpha Tech Corp | 0.0051 |
| La Rosa Holdings Corp | 0.1048 |
| Office Properties Income Trust | 2.063 |
| Sunrise Real Estate Group Inc | 0.0111 |
| Americold Realty Trust Inc | 0.8474 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 119.64M |
| Total Liabilities (Quarterly) | 6.721M |
| Shareholders Equity (Quarterly) | 112.92M |
| Current Ratio | 16.84 |
| Net Debt Paydown Yield | 0.07% |