• AMETEK average current ratio for 2023 was 1.71, a 12.5% decline from 2022.
• AMETEK average current ratio for 2022 was 1.52, a 1.33% increase from 2021.
• AMETEK average current ratio for 2021 was 1.5, a 29.91% increase from 2020.

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