• Newmont average current ratio for 2023 was 2.01, a 24.72% decline from 2022.
• Newmont average current ratio for 2022 was 2.67, a 0.38% decline from 2021.
• Newmont average current ratio for 2021 was 2.66, a 7.32% increase from 2020.

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