• First Solar average current ratio for 2023 was 3.3, a 17.71% decline from 2022.
• First Solar average current ratio for 2022 was 4.01, a 11.48% decline from 2021.
• First Solar average current ratio for 2021 was 4.53, a 22.43% decline from 2020.

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