• Cadence Bank average current ratio for 2023 was 0.81, a 12.5% increase from 2022.
• Cadence Bank average current ratio for 2022 was 0.72, a 4.35% increase from 2021.
• Cadence Bank average current ratio for 2021 was 0.69, a 13.75% increase from 2020.

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