• Illumina average current ratio for 2023 was 1.54, a 21.26% decline from 2022.
• Illumina average current ratio for 2022 was 1.27, a 67.6% increase from 2021.
• Illumina average current ratio for 2021 was 3.92, a 2.08% decline from 2020.

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