• Louisiana-Pacific average current ratio for 2023 was 2.86, a 10% increase from 2022.
• Louisiana-Pacific average current ratio for 2022 was 2.6, a 15.03% increase from 2021.
• Louisiana-Pacific average current ratio for 2021 was 3.06, a 17.74% decline from 2020.

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