• Old Dominion Freight Line average current ratio for 2023 was 1.71, a 10.47% decline from 2022.
• Old Dominion Freight Line average current ratio for 2022 was 1.91, a 27.1% decline from 2021.
• Old Dominion Freight Line average current ratio for 2021 was 2.62, a 7.38% decline from 2020.

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