• Celestica average current ratio for 2023 was 1.42, a 2.07% increase from 2022.
• Celestica average current ratio for 2022 was 1.45, a 13.17% decline from 2021.
• Celestica average current ratio for 2021 was 1.67, a 1.76% decline from 2020.

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