• Kone Oyj average current ratio for 2023 was 1.07, a 3.6% decline from 2022.
• Kone Oyj average current ratio for 2022 was 1.11, a 4.31% decline from 2021.
• Kone Oyj average current ratio for 2021 was 1.16, a 2.52% decline from 2020.

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