• Lam Research average current ratio for 2023 was 3.09, a 9.96% decline from 2022.
• Lam Research average current ratio for 2022 was 2.81, a 12.46% increase from 2021.
• Lam Research average current ratio for 2021 was 3.21, a 10.83% decline from 2020.

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