• Equinix average current ratio for 2023 was 1.87, a 7.88% decline from 2022.
• Equinix average current ratio for 2022 was 2.03, a 18.02% decline from 2021.
• Equinix average current ratio for 2021 was 1.72, a 33.33% increase from 2020.

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