Wetouch Technology
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Wetouch Technology's balance sheet done over the years? Its assets were worth $119,641,398 last year, which is more than in the previous period. 6% of Wetouch Technology’s total assets is currently financed by debt. Its liabilities reached the amount of $6,720,788, which means an increase by 57% compared compared to last year.
Debt to Assets
| 2019 | 41744817 | 10.07M | 24.14% |
|---|---|---|---|
| 2020 | 47063699 | 2.70M | 5.76% |
| 2021 | 68678318 | 4.37M | 6.36% |
| 2022 | 73105752 | 4.27M | 5.84% |
| 2023 | 119641398 | 6.72M | 5.62% |
WETH Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 98.04M | 51.25M | 46.16M | 23.96M | 14.27M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 7.45M | 9.46M | 8.04M | 11.92M | 16.04M |
Inventory | 222.10K | 757.19K | 489.13K | 402.05K | 203.77K |
Other current assets | 1.06M | 707.69K | 1.14M | 305.06K | 355.15K |
Total current assets | 106.78M | 62.18M | 55.84M | 36.59M | 30.88M |
Non-current assets: | |||||
Property, Plant and Equipment | 12.85M | 10.92M | 11.83M | 9.49M | 9.86M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 974.69K | 989.05K |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | -1 | 1M | 0 | -1 |
Total non-current assets | 12.85M | 10.92M | 12.83M | 10.46M | 10.85M |
Total assets | 119.64M | 73.10M | 68.67M | 47.06M | 41.74M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 397.88K | 59.11K | 245.21K | 229.82K |
Short term debt | 1.70M | 1.66M | 2.03M | 107.13K | 430.92K |
Total current liabilities | 6.34M | 4.01M | 3.24M | 2.27M | 9.44M |
| Non-current liabilities: | |||||
Long term debt | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 378.37K | 256.95K | 1.12M | -1 | 0 |
Total non-current liabilities | 378.37K | 256.95K | 1.12M | 433.20K | 635.85K |
Total liabilities | 6.72M | 4.27M | 4.37M | 2.70M | 10.07M |
| Data source | Data source | Data source | Data source |