• Open Text average current ratio for 2023 was 0.87, a 49.42% decline from 2022.
• Open Text average current ratio for 2022 was 1.72, a 3.61% decline from 2021.
• Open Text average current ratio for 2021 was 1.66, a 28.68% increase from 2020.

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