• Graphic Packaging Holding average current ratio for 2023 was 1.31, a 2.96% increase from 2022.
• Graphic Packaging Holding average current ratio for 2022 was 1.35, a 2.27% decline from 2021.
• Graphic Packaging Holding average current ratio for 2021 was 1.32, a 2.22% increase from 2020.

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