• Fannie Mae average current ratio for 2023 was 1.01, a 0% increase from 2022.
• Fannie Mae average current ratio for 2022 was 1.01, a 1% decline from 2021.
• Fannie Mae average current ratio for 2021 was 1, a 0% increase from 2020.

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