Name: Wetouch Technology Inc. (WETH) Balance Sheet
Creator: FinSpry

Wetouch Technology Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

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Balance sheet showing assets, liabilities, and shareholders' equity for Wetouch Technology Inc. (WETH) - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	103.76	98.04	51.25	46.16	23.96
Cash & Short-Term Investments	103.76	98.04	51.25	46.16	23.96
Accounts Receivable	7.58	7.46	9.06	8.36	12.04
Inventory	0.11	0.22	0.42	0.24	0.40
Other Current Assets	2.68	0.06	0.08	0.16	0.00
Total Current Assets	114.14	106.78	62.18	56.85	36.60
Non-Current Assets
Property, Plant & Equipment (Net)	13.84	12.86	10.92	11.83	9.49
Intangible Assets	0.00	0.00	0.00	0.00	0.97
Other Non-Current Assets	0.00	0.00	0.00	0.00	0.00
Total Non-Current Assets	13.88	12.86	10.92	11.83	0.00
Total Assets	128.02	119.64	73.11	68.68	47.06
Current Liabilities
Accounts Payable	1.26	0.64	1.38	0.80	0.89
Short-Term Debt	0.57	1.71	1.66	2.03	0.00
Accrued Liabilities	0.37	3.38	0.21	0.12	0.96
Deferred Revenue	0.17	0.18	0.40	0.06	0.25
Other Current Liabilities	0.95	0.29	0.14	0.22	0.07
Total Current Liabilities	2.95	6.34	4.01	3.24	2.28
Non-Current Liabilities
Long-Term Debt	0.48	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.38	0.26	1.13	0.00
Total Non-Current Liabilities	0.48	0.38	0.26	1.13	0.00
Total Liabilities	3.43	6.72	4.27	4.37	2.71
Stockholders' Equity
Common Stock	0.01	0.01	0.00	0.03	0.03
Retained Earnings	74.63	69.48	62.37	59.68	42.29
Accumulated Other Comprehensive Income	-10.63	-0.08	3.06	2.27	0.96
Additional Paid-in Capital	52.50	43.51	3.40	2.33	0.00
Shares Outstanding	11.93	9.73	1.68	1.59	0.00
Total Stockholders' Equity	124.59	112.92	68.83	64.31	44.35
Total Liabilities & Equity	128.02	119.64	73.11	68.68	0.00