• Autoliv average current ratio for 2023 was 1.05, a 4.55% decline from 2022.
• Autoliv average current ratio for 2022 was 1.1, a 17.29% decline from 2021.
• Autoliv average current ratio for 2021 was 1.33, a 6.34% decline from 2020.

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