• Axis Capital Holdings average current ratio for 2023 was 0.58, a 1.75% decline from 2022.
• Axis Capital Holdings average current ratio for 2022 was 0.57, a 1.79% increase from 2021.
• Axis Capital Holdings average current ratio for 2021 was 0.56, a 1.75% increase from 2020.

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