• Intercontinental Hotels Group average current ratio for 2023 was 1.01, a 17.21% decline from 2022.
• Intercontinental Hotels Group average current ratio for 2022 was 1.22, a 9.63% decline from 2021.
• Intercontinental Hotels Group average current ratio for 2021 was 1.35, a 37.76% decline from 2020.

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