• MasTec average current ratio for 2023 was 1.49, a 4.49% decline from 2022.
• MasTec average current ratio for 2022 was 1.56, a 1.3% decline from 2021.
• MasTec average current ratio for 2021 was 1.54, a 1.91% increase from 2020.

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