• Nucor average current ratio for 2023 was 3.71, a 23.67% decline from 2022.
• Nucor average current ratio for 2022 was 3, a 3.09% increase from 2021.
• Nucor average current ratio for 2021 was 2.91, a 24.02% increase from 2020.

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