• Globe Life average current ratio for 2023 was 0.04, a 0% decline from 2022.
• Globe Life average current ratio for 2022 was 0.04, a 33.33% decline from 2021.
• Globe Life average current ratio for 2021 was 0.03, 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.