• Insulet average current ratio for 2023 was 3.4, a 25.44% increase from 2022.
• Insulet average current ratio for 2022 was 4.56, a 23.36% decline from 2021.
• Insulet average current ratio for 2021 was 5.95, a 4.34% decline from 2020.

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