Packaging Of America Current Ratio 2010-2024 | PKG
- Packaging Of America average current ratio for 2023 was 2.8, a 6.04% increase from 2022.
- Packaging Of America average current ratio for 2022 was 2.98, a 5.1% decline from 2021.
- Packaging Of America average current ratio for 2021 was 3.14, a 13.02% decline from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.