• Analog Devices average current ratio for 2023 was 1.75, a 12.94% decline from 2022.
• Analog Devices average current ratio for 2022 was 2.01, a 41.55% decline from 2021.
• Analog Devices average current ratio for 2021 was 1.42, a 0% increase from 2020.

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