• Clorox average current ratio for 2023 was 0.89, a 3.49% increase from 2022.
• Clorox average current ratio for 2022 was 0.86, a 3.61% increase from 2021.
• Clorox average current ratio for 2021 was 0.83, a 34.13% increase from 2020.

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