• Mettler-Toledo average current ratio for 2023 was 1.17, a 0.85% decline from 2022.
• Mettler-Toledo average current ratio for 2022 was 1.18, a 3.28% decline from 2021.
• Mettler-Toledo average current ratio for 2021 was 1.22, a 15.86% decline from 2020.

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