• Hess average current ratio for 2023 was 1.39, a 14.72% decline from 2022.
• Hess average current ratio for 2022 was 1.63, a 0.62% decline from 2021.
• Hess average current ratio for 2021 was 1.62, a 21.74% increase from 2020.

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