• Lennox average current ratio for 2024 was 1.46, a 17.74% decline from 2023.
• 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.

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