• MKS Instruments average current ratio for 2023 was 3.23, a 19.25% increase from 2022.
• MKS Instruments average current ratio for 2022 was 4, a 17.86% decline from 2021.
• MKS Instruments average current ratio for 2021 was 4.87, a 5.87% decline from 2020.

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