• Cameco average current ratio for 2023 was 4.2, a 24.05% decline from 2022.
• Cameco average current ratio for 2022 was 5.53, a 20.09% decline from 2021.
• Cameco average current ratio for 2021 was 6.92, a 24.68% decline from 2020.

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