• Equinor average current ratio for 2023 was 1.83, a 11.59% decline from 2022.
• Equinor average current ratio for 2022 was 1.64, a 1.8% increase from 2021.
• Equinor average current ratio for 2021 was 1.67, a 3.09% decline from 2020.

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