• Crocs average current ratio for 2023 was 1.56, a 16.58% decline from 2022.
• Crocs average current ratio for 2022 was 1.87, a 10.53% decline from 2021.
• Crocs average current ratio for 2021 was 2.09, a 8.85% decline from 2020.

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