• Ashtead Group average current ratio for 2023 was 1.13, a 6.61% increase from 2022.
• Ashtead Group average current ratio for 2022 was 1.21, a 5.22% decline from 2021.
• Ashtead Group average current ratio for 2021 was 1.15, a 14.81% increase from 2020.

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