• Mohawk Industries average current ratio for 2023 was 1.78, a 11.95% increase from 2022.
• Mohawk Industries average current ratio for 2022 was 1.59, a 14.52% increase from 2021.
• Mohawk Industries average current ratio for 2021 was 1.86, a 13.08% decline from 2020.

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