• Descartes Systems Group average current ratio for 2023 was 1.72, a 13.13% increase from 2022.
• Descartes Systems Group average current ratio for 2022 was 1.98, a 5.32% decline from 2021.
• Descartes Systems Group average current ratio for 2021 was 1.88, a 29.66% increase from 2020.

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