• Procter & Gamble average current ratio for 2023 was 0.63, a 0% increase from 2022.
• Procter & Gamble average current ratio for 2022 was 0.63, a 8.7% decline from 2021.
• Procter & Gamble average current ratio for 2021 was 0.69, a 16.87% decline from 2020.

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