• Advantest average current ratio for 2023 was 2.19, a 6.83% increase from 2022.
• Advantest average current ratio for 2022 was 2.05, a 27.05% increase from 2021.
• Advantest average current ratio for 2021 was 2.81, a 19.25% decline from 2020.

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