• AGCO average current ratio for 2024 was 1.6, a 2.56% decline from 2023.
• AGCO average current ratio for 2023 was 1.56, a 0.65% increase from 2022.
• AGCO average current ratio for 2022 was 1.55, a 15.67% increase from 2021.

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