• Noble average current ratio for 2023 was 1.84, a 9.36% decline from 2022.
• Noble average current ratio for 2022 was 2.03, a 15.34% decline from 2021.
• Noble average current ratio for 2021 was 1.76, a 1.73% increase from 2020.

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