• Equity Residential average current ratio for 2023 was 0.35, a 45.83% decline from 2022.
• Equity Residential average current ratio for 2022 was 0.24, a 25% increase from 2021.
• Equity Residential average current ratio for 2021 was 0.32, a 47.54% decline from 2020.

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