• Colliers Group average current ratio for 2023 was 1.04, a 1.96% decline from 2022.
• Colliers Group average current ratio for 2022 was 1.02, a 10.87% increase from 2021.
• Colliers Group average current ratio for 2021 was 0.92, a 3.16% increase from 2020.

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