• Herc Holdings average current ratio for 2023 was 1.21, a 13.08% increase from 2022.
• Herc Holdings average current ratio for 2022 was 1.07, a 5.94% increase from 2021.
• Herc Holdings average current ratio for 2021 was 1.01, a 17.89% increase from 2020.

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