• Jabil average current ratio for 2023 was 1.1, a 7.84% decline from 2022.
• Jabil average current ratio for 2022 was 1.02, a 0% increase from 2021.
• Jabil average current ratio for 2021 was 1.02, a 4.08% decline from 2020.

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