• Centene average current ratio for 2023 was 1.1, a 2.8% decline from 2022.
• Centene average current ratio for 2022 was 1.07, a 2.73% increase from 2021.
• Centene average current ratio for 2021 was 1.1, a 5.98% decline from 2020.

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