• Lockheed Martin average current ratio for 2023 was 1.31, a 1.55% decline from 2022.
• Lockheed Martin average current ratio for 2022 was 1.29, a 7.86% increase from 2021.
• Lockheed Martin average current ratio for 2021 was 1.4, a 6.06% decline from 2020.

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