• NIKE average current ratio for 2024 was 2.43, a 12.27% decline from 2023.
• NIKE average current ratio for 2023 was 2.77, a 0.36% decline from 2022.
• NIKE average current ratio for 2022 was 2.76, a 6.12% increase from 2021.

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