• Ford Motor average current ratio for 2023 was 1.2, a 1.69% decline from 2022.
• Ford Motor average current ratio for 2022 was 1.18, a 2.48% increase from 2021.
• Ford Motor average current ratio for 2021 was 1.21, a 4.72% decline from 2020.

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