• Badger Meter average current ratio for 2024 was 3.97, a 22.15% decline from 2023.
• Badger Meter average current ratio for 2023 was 3.25, a 2.85% increase from 2022.
• Badger Meter average current ratio for 2022 was 3.16, a 4.29% increase from 2021.

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