• Copart average current ratio for 2024 was 7.04, a 18.72% increase from 2023.
• Copart average current ratio for 2023 was 5.93, a 16.27% increase from 2022.
• Copart average current ratio for 2022 was 5.1, a 34.92% increase from 2021.

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