Wetouch Technology Inc. Annual Interest Expense in USD from 2019 to 2023

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 2019 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $252K +$27.4K +12.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-17
2022 $225K +$197K +719% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-17
2021 $27.5K -$1.7M -98.4% Jan 1, 2021 Dec 31, 2021 10-K 2023-04-17
2020 $1.73M +$1.71M +10140% Jan 1, 2020 Dec 31, 2020 10-K 2022-04-15
2019 $16.9K Jan 1, 2019 Dec 31, 2019 10-K 2021-03-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.