• Mid-America Apartment Communities average current ratio for 2023 was 0.22, a 22.22% decline from 2022.
• Mid-America Apartment Communities average current ratio for 2022 was 0.18, a 50% increase from 2021.
• Mid-America Apartment Communities average current ratio for 2021 was 0.12, a 50% increase from 2020.

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