• Cognizant Technology Solutions average current ratio for 2023 was 2.23, a 0.45% decline from 2022.
• Cognizant Technology Solutions average current ratio for 2022 was 2.22, a 6.73% increase from 2021.
• Cognizant Technology Solutions average current ratio for 2021 was 2.08, a 17.79% increase from 2020.

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