• Group 1 Automotive average current ratio for 2023 was 1.08, a 5.88% decline from 2022.
• Group 1 Automotive average current ratio for 2022 was 1.02, a 19.05% increase from 2021.
• Group 1 Automotive average current ratio for 2021 was 1.26, a 23.53% decline from 2020.

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