• Microsoft average current ratio for 2023 was 1.64, a 13.23% decline from 2022.
• Microsoft average current ratio for 2022 was 1.89, a 14.09% decline from 2021.
• Microsoft average current ratio for 2021 was 2.2, a 16.35% decline from 2020.

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