• Lamar Advertising average current ratio for 2023 was 0.54, a 12.9% decline from 2022.
• Lamar Advertising average current ratio for 2022 was 0.62, a 3.33% decline from 2021.
• Lamar Advertising average current ratio for 2021 was 0.6, a 38.78% increase from 2020.

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