• Commercial Metals average current ratio for 2023 was 3.65, a 19.28% increase from 2022.
• Commercial Metals average current ratio for 2022 was 3.06, a 0.99% increase from 2021.
• Commercial Metals average current ratio for 2021 was 3.03, a 7.9% increase from 2020.

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