• Kumba Iron Ore average current ratio for 2023 was 2.74, a 1.08% increase from 2022.
• Kumba Iron Ore average current ratio for 2022 was 2.77, a 28.42% decline from 2021.
• Kumba Iron Ore average current ratio for 2021 was 3.87, a 14.57% decline from 2020.

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