• Loews average current ratio for 2023 was 0.23, a 4.17% decline from 2022.
• Loews average current ratio for 2022 was 0.24, a 4.35% decline from 2021.
• Loews average current ratio for 2021 was 0.23, a 9.52% increase from 2020.

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