ABB Current Ratio 2010-2024 | ABBNY
- ABB average current ratio for 2023 was 1.17, a 5.41% increase from 2022.
- ABB average current ratio for 2022 was 1.11, a 4.31% increase from 2021.
- ABB average current ratio for 2021 was 1.16, a 7.94% decline from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.