• Landstar System average current ratio for 2023 was 1.97, a 23.13% increase from 2022.
• Landstar System average current ratio for 2022 was 1.6, a 3.03% increase from 2021.
• Landstar System average current ratio for 2021 was 1.65, a 2.94% decline from 2020.

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