Interest Expense of Wetouch Technology Inc. from 31 Dec 2019 to 31 Dec 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Wetouch Technology Inc. annual and quarterly Interest Expense in USD history and change rate from 31 Dec 2019 to 31 Dec 2024.
  • Wetouch Technology Inc. Interest Expense for the quarter ending 31 Mar 2024 was $1,169,974, a 3403% increase year-over-year.
  • Wetouch Technology Inc. Interest Expense for the twelve months ending 31 Mar 2024 was $1,388,900, a 587% increase year-over-year.
  • Wetouch Technology Inc. annual Interest Expense for 2024 was $1,169,974, a 364% increase from 2023.
  • Wetouch Technology Inc. annual Interest Expense for 2023 was $252,325, a 12% increase from 2022.
  • Wetouch Technology Inc. annual Interest Expense for 2022 was $224,885, a 719% increase from 2021.
Source SEC data
View on sec.gov
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)

Wetouch Technology Inc. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $1,169,974 +$917,649 +364% 01 Jan 2024 31 Dec 2024 10-K 11 Sep 2025 2024 FY
2023 $252,325 +$27,440 +12% 01 Jan 2023 31 Dec 2023 10-K 11 Sep 2025 2024 FY
2022 $224,885 +$197,435 +719% 01 Jan 2022 31 Dec 2022 10-K 17 Apr 2024 2023 FY
2021 $27,450 -$1,701,511 -98% 01 Jan 2021 31 Dec 2021 10-K 17 Apr 2023 2022 FY
2020 $1,728,961 +$1,712,077 +10140% 01 Jan 2020 31 Dec 2020 10-K 15 Apr 2022 2021 FY
2019 $16,884 01 Jan 2019 31 Dec 2019 10-K 24 Mar 2021 2020 FY

Wetouch Technology Inc. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2024 $1,388,900 $1,169,974 +$1,136,575 +3403% 01 Jan 2024 31 Mar 2024 10-Q 14 Jun 2024 2024 Q1
Q4 2023 $252,325 $40,942 -$11,688 -22% 01 Oct 2023 31 Dec 2023 10-K 11 Sep 2025 2024 FY
Q3 2023 $264,013 $139,876 +$81,184 +138% 01 Jul 2023 30 Sep 2023 10-Q 14 Nov 2024 2024 Q3
Q2 2023 $182,829 $38,108 -$19,283 -34% 01 Apr 2023 30 Jun 2023 10-Q 19 Aug 2024 2024 Q2
Q1 2023 $202,112 $33,399 -$22,773 -41% 01 Jan 2023 31 Mar 2023 10-Q 14 Jun 2024 2024 Q1
Q4 2022 $224,885 $52,630 01 Oct 2022 31 Dec 2022 10-K 17 Apr 2024 2023 FY
Q3 2022 $58,692 01 Jul 2022 30 Sep 2022 10-Q 14 Nov 2023 2023 Q3
Q2 2022 $57,391 01 Apr 2022 30 Jun 2022 10-Q 16 Aug 2023 2023 Q2
Q1 2022 $56,172 +$56,168 01 Jan 2022 31 Mar 2022 10-Q 22 May 2023 2023 Q1
Q1 2021 $4* -$2,965 01 Jan 2021 31 Mar 2021 10-Q 16 May 2022 2022 Q1
Q2 2020 $2,924 01 Apr 2020 30 Jun 2020 10-Q 10 Aug 2021 2021 Q2
Q1 2020 $2,969 01 Jan 2020 31 Mar 2020 10-Q 24 May 2021 2021 Q1
* An asterisk sign (*) next to the value indicates that the value is likely invalid.