• Howmet Aerospace average current ratio for 2023 was 2.1, a 1.87% increase from 2022.
• Howmet Aerospace average current ratio for 2022 was 2.14, a 2.28% decline from 2021.
• Howmet Aerospace average current ratio for 2021 was 2.19, a 4.29% decline from 2020.

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