• Littelfuse average current ratio for 2023 was 3.1, a 9.88% increase from 2022.
• Littelfuse average current ratio for 2022 was 3.44, a 2.38% decline from 2021.
• Littelfuse average current ratio for 2021 was 3.36, a 32.53% increase from 2020.

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