• Lennox average current ratio for 2023 was 1.24, a 17.33% increase from 2022.
• Lennox average current ratio for 2022 was 1.5, a 19.05% decline from 2021.
• Lennox average current ratio for 2021 was 1.26, a 11.89% increase from 2020.

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