• Ameriprise Financial average current ratio for 2023 was 0.6, a 27.71% increase from 2022.
• Ameriprise Financial average current ratio for 2022 was 0.83, a 7.78% decline from 2021.
• Ameriprise Financial average current ratio for 2021 was 0.9, a 11.11% decline from 2020.

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