Wetouch Technology Inc. Quarterly Interest Expense in USD from Q1 2020 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Wetouch Technology Inc. quarterly/annual Interest Expense history and growth rate from Q1 2020 to Q1 2024.
  • Wetouch Technology Inc. Interest Expense for the quarter ending March 31, 2024 was $1.17M, a 3403% increase year-over-year.
  • Wetouch Technology Inc. Interest Expense for the twelve months ending March 31, 2024 was $1.39M, a 587% increase year-over-year.
  • Wetouch Technology Inc. annual Interest Expense for 2023 was $252K, a 12.2% increase from 2022.
  • Wetouch Technology Inc. annual Interest Expense for 2022 was $225K, a 719% increase from 2021.
  • Wetouch Technology Inc. annual Interest Expense for 2021 was $27.5K, a 98.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $1.39M $1.17M +$1.14M +3403% Jan 1, 2024 Mar 31, 2024 10-Q 2024-06-14
Q4 2023 $252K $40.9K -$11.7K -22.2% Oct 1, 2023 Dec 31, 2023 10-K 2024-04-17
Q3 2023 $264K $140K +$81.2K +138% Jul 1, 2023 Sep 30, 2023 10-Q 2024-11-14
Q2 2023 $183K $38.1K -$19.3K -33.6% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-19
Q1 2023 $202K $33.4K -$22.8K -40.5% Jan 1, 2023 Mar 31, 2023 10-Q 2024-06-14
Q4 2022 $225K $52.6K Oct 1, 2022 Dec 31, 2022 10-K 2024-04-17
Q3 2022 $58.7K Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $57.4K Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-16
Q1 2022 $56.2K +$56.2K Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-22
Q1 2021 $4.00* -$2.97K Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-16
Q2 2020 $2.92K Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-10
Q1 2020 $2.97K Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.