• Cintas average current ratio for 2023 was 2.32, a 44.1% decline from 2022.
• Cintas average current ratio for 2022 was 1.61, a 5.23% increase from 2021.
• Cintas average current ratio for 2021 was 1.53, a 35.17% increase from 2020.

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