• Kellanova average current ratio for 2023 was 0.7, a 1.45% increase from 2022.
• Kellanova average current ratio for 2022 was 0.69, a 2.82% increase from 2021.
• Kellanova average current ratio for 2021 was 0.71, a 5.33% decline from 2020.

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