• Danaher average current ratio for 2023 was 1.98, a 11.24% decline from 2022.
• Danaher average current ratio for 2022 was 1.78, a 1.66% increase from 2021.
• Danaher average current ratio for 2021 was 1.81, a 3.21% decline from 2020.

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