Wetzel S.A.

São Paulo Stock Exchange MWET4.SA

Wetzel S.A. Interest Coverage Ratio for the year ending December 31, 2023: -0.94

Wetzel S.A. Interest Coverage Ratio is -0.94 for the year ending December 31, 2023, a -114.11% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Wetzel S.A. Interest Coverage Ratio for the year ending December 31, 2022 was 6.67, a -76.22% change year over year.
Wetzel S.A. Interest Coverage Ratio for the year ending December 31, 2021 was 28.05, a 145.85% change year over year.
Wetzel S.A. Interest Coverage Ratio for the year ending December 31, 2020 was 11.41, a 1,115.87% change year over year.
Wetzel S.A. Interest Coverage Ratio for the year ending December 31, 2019 was -1.12, a 59.84% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

São Paulo Stock Exchange: MWET4.SA

Wetzel S.A.

CEO	Rodrigo Moretti Ramalho Camara
IPO Date	Jan. 3, 2000
Location	Brazil
Headquarters	Rua Dona Francisca, 8300
Employees	944
Sector	Consumer Discretionary
Industries Automotive Parts Aluminum Automobiles & Vehicles Composite Materials Electric Vehicles (EVs) Hardware & Electronics

Description

Wetzel S.A. engages in the manufacture and sale of electrical and lighting products and automotive components in Europe, the United States, and Mercosur countries. It offers conductors, lighting products, cable press and explosion-proof products, conduits and boxes, and aluminum accessories for electrical installation, and commercial and industrial lighting. The company also develops, produces, and sells aluminum and iron components and castings for the automotive segment. Wetzel S.A. was incorporated in 1932 and is based in Joinville, Brazil.

Key trends

Past 5 years