Wetouch Technology Inc.

Wetouch Technology Inc.verified

WETH

Price:

$1.83

Market Cap:

$21.83M

Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, finan...[Read more]

Industry

Real Estate - Services

IPO Date

1994-01-31

Stock Exchange

PNK

Ticker

WETH

The Current Ratio as of September 2024 (TTM) for Wetouch Technology Inc. (WETH) is 36.36

According to Wetouch Technology Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 36.36. This represents a change of 24.03% compared to the average of 29.31 of the last 4 quarters.

Wetouch Technology Inc. (WETH) Historical Current Ratio (quarterly & annually)

How has WETH Current Ratio performed in the past?

The mean historical Current Ratio of Wetouch Technology Inc. over the last ten years is 13.84. The current 36.36 Current Ratio has changed 26.17% with respect to the historical average. Over the past ten years (40 quarters), WETH's Current Ratio was at its highest in in the March 2024 quarter at 49.18. The Current Ratio was at its lowest in in the June 2022 quarter at 10.15.

Quarterly (TTM)
Annual

Average

13.84

Median

16.07

Minimum

3.27

Maximum

17.54

Wetouch Technology Inc. (WETH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Wetouch Technology Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 391.32%

Maximum Annual Current Ratio = 17.54

Minimum Annual Increase = -11.67%

Minimum Annual Current Ratio = 3.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
202316.848.70%
202215.49-11.67%
202117.549.09%
202016.07391.32%

Wetouch Technology Inc. (WETH) Average Current Ratio

How has WETH Current Ratio performed in the past?

The current Current Ratio of Wetouch Technology Inc. (WETH) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

16.62

5-year avg

13.84

10-year avg

13.84

Wetouch Technology Inc. (WETH) Current Ratio vs. Peers

How is WETH’s Current Ratio compared to its peers?

Wetouch Technology Inc.’s Current Ratio is greater than Western Capital Resources, Inc. (0), greater than Tree Island Steel Ltd. (5.39), greater than Santeon Group, Inc. (0.54), greater than Ferrexpo plc (2.11), less than CTPartners Executive Search Inc. (0),

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