• Itron average current ratio for 2023 was 1.8, a 11.11% increase from 2022.
• Itron average current ratio for 2022 was 1.62, a 5.19% increase from 2021.
• Itron average current ratio for 2021 was 1.54, a 25.96% increase from 2020.

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