• International Paper average current ratio for 2023 was 1.64, a 7.89% decline from 2022.
• International Paper average current ratio for 2022 was 1.52, a 8.98% increase from 2021.
• International Paper average current ratio for 2021 was 1.67, a 57.55% decline from 2020.

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