• LKQ average current ratio for 2023 was 1.73, a 4.95% decline from 2022.
• LKQ average current ratio for 2022 was 1.82, a 2.15% decline from 2021.
• LKQ average current ratio for 2021 was 1.86, a 13.08% decline from 2020.

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