• Arthur J Gallagher average current ratio for 2023 was 1.04, a 0.95% increase from 2022.
• Arthur J Gallagher average current ratio for 2022 was 1.05, a 12.5% decline from 2021.
• Arthur J Gallagher average current ratio for 2021 was 1.2, a 10.09% decline from 2020.

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