• Fortescue average current ratio for 2023 was 2.66, a 6.34% increase from 2022.
• Fortescue average current ratio for 2022 was 2.84, a 27.35% decline from 2021.
• Fortescue average current ratio for 2021 was 2.23, a 2.29% increase from 2020.

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