• Hexcel average current ratio for 2023 was 2.87, a 15.26% decline from 2022.
• Hexcel average current ratio for 2022 was 2.49, a 4.6% increase from 2021.
• Hexcel average current ratio for 2021 was 2.61, a 22.09% decline from 2020.

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