Wetouch Technology Inc.

Wetouch Technology Inc.verified

WETH

Price:

$1.59

Market Cap:

$18.97M

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 November 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),

Build a custom stock screener for Wetouch Technology Inc. (WETH) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Wetouch Technology Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Wetouch Technology Inc. (WETH) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Wetouch Technology Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Wetouch Technology Inc.'s Current Ratio?

How is the Current Ratio calculated for Wetouch Technology Inc. (WETH)?

What is the highest Current Ratio for Wetouch Technology Inc. (WETH)?

What is the 3-year average Current Ratio for Wetouch Technology Inc. (WETH)?

What is the 5-year average Current Ratio for Wetouch Technology Inc. (WETH)?

How does the current Current Ratio for Wetouch Technology Inc. (WETH) compare to its historical average?