• Asahi Kasei average current ratio for 2023 was 1.7, a 22.3% decline from 2022.
• Asahi Kasei average current ratio for 2022 was 1.39, a 9.74% increase from 2021.
• Asahi Kasei average current ratio for 2021 was 1.54, a 0.65% decline from 2020.

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