• Cabot average current ratio for 2023 was 2.03, a 26.09% increase from 2022.
• Cabot average current ratio for 2022 was 1.61, a 2.55% increase from 2021.
• Cabot average current ratio for 2021 was 1.57, a 20.3% increase from 2020.

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