• Jack Henry & Associates average current ratio for 2023 was 1.32, a 10% decline from 2022.
• Jack Henry & Associates average current ratio for 2022 was 1.2, a 2.44% increase from 2021.
• Jack Henry & Associates average current ratio for 2021 was 1.23, a 15.75% decline from 2020.

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