• Micron Technology average current ratio for 2023 was 4.11, a 28.84% decline from 2022.
• Micron Technology average current ratio for 2022 was 3.19, a 0.31% increase from 2021.
• Micron Technology average current ratio for 2021 was 3.2, a 13.88% decline from 2020.

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