• Intel average current ratio for 2023 was 1.61, a 12.02% decline from 2022.
• Intel average current ratio for 2022 was 1.83, a 9.41% decline from 2021.
• Intel average current ratio for 2021 was 2.02, a 10.99% decline from 2020.

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