• Conagra Brands average current ratio for 2023 was 0.89, a 4.71% decline from 2022.
• Conagra Brands average current ratio for 2022 was 0.85, a 3.41% increase from 2021.
• Conagra Brands average current ratio for 2021 was 0.88, a 0% decline from 2020.

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