• Deere average current ratio for 2023 was 1.98, a 4.35% increase from 2022.
• Deere average current ratio for 2022 was 2.07, a 7.59% decline from 2021.
• Deere average current ratio for 2021 was 2.24, a 1.36% decline from 2020.

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