Wetouch Technology Inc. Quarterly Quick Ratio in % from Q3 2021 to Q3 2024

Taxonomy & unit: ratio: %
Description: The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
Summary: Wetouch Technology Inc. quarterly Quick Ratio history and growth rate from Q3 2021 to Q3 2024.
Wetouch Technology Inc. Quick Ratio for the quarter ending September 30, 2024 was 5.11 %, a 41.5% increase year-over-year.

Quick Ratio, Quarterly (%)

Quick Ratio, YoY Quarterly Growth (%)

Period	Value	YoY Chg	Change %	Date
Q3 2024	5.11	+1.5	+41.5%	Sep 30, 2024
Q2 2024	4.15	-0.54	-11.5%	Jun 30, 2024
Q1 2024	3.24	-3.34	-50.7%	Mar 31, 2024
Q4 2023	2.63	-5.11	-66%	Dec 31, 2023
Q3 2023	3.61	-3.53	-49.4%	Sep 30, 2023
Q2 2023	4.7	-4.52	-49.1%	Jun 30, 2023
Q1 2023	6.58	-3.43	-34.2%	Mar 31, 2023
Q4 2022	7.74	-2.94	-27.5%	Dec 31, 2022
Q3 2022	7.14	-5.85	-45%	Sep 30, 2022
Q2 2022	9.21			Jun 30, 2022
Q1 2022	10			Mar 31, 2022
Q4 2021	10.7			Dec 31, 2021
Q3 2021	13			Sep 30, 2021

* An asterisk sign (*) next to the value indicates that the value is likely invalid.