• Eli Lilly average current ratio for 2023 was 1.11, a 2.63% increase from 2022.
• Eli Lilly average current ratio for 2022 was 1.14, a 10.94% decline from 2021.
• Eli Lilly average current ratio for 2021 was 1.28, a 0.79% decline from 2020.

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