• FactSet Research Systems average current ratio for 2024 was 1.43, a 23.53% increase from 2023.
• FactSet Research Systems average current ratio for 2023 was 1.87, a 25.2% decline from 2022.
• FactSet Research Systems average current ratio for 2022 was 2.5, a 22.6% decline from 2021.

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