• Allstate average current ratio for 2023 was 0.29, a 12.12% decline from 2022.
• Allstate average current ratio for 2022 was 0.33, a 5.71% decline from 2021.
• Allstate average current ratio for 2021 was 0.35, a 45.83% decline from 2020.

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