• Cisco average current ratio for 2024 was 1.01, a 28.37% decline from 2023.
• Cisco average current ratio for 2023 was 1.41, a 2.76% decline from 2022.
• Cisco average current ratio for 2022 was 1.45, a 7.05% decline from 2021.

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