• Northern Trust average current ratio for 2023 was 0.69, a 2.99% increase from 2022.
• Northern Trust average current ratio for 2022 was 0.67, a 1.47% increase from 2021.
• Northern Trust average current ratio for 2021 was 0.68, a 1.49% decline from 2020.

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