• AAON average current ratio for 2023 was 2.95, a 22.41% increase from 2022.
• AAON average current ratio for 2022 was 2.41, a 26.52% increase from 2021.
• AAON average current ratio for 2021 was 3.28, a 1.5% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.