• Estee Lauder average current ratio for 2023 was 1.43, a 14.37% decline from 2022.
• Estee Lauder average current ratio for 2022 was 1.67, a 10.7% decline from 2021.
• Estee Lauder average current ratio for 2021 was 1.87, a 5.06% decline from 2020.

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