• Cardinal Health average current ratio for 2023 was 1, a 5.66% decline from 2022.
• Cardinal Health average current ratio for 2022 was 1.06, a 7.83% decline from 2021.
• Cardinal Health average current ratio for 2021 was 1.15, a 3.6% decline from 2020.

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