• Pilgrim's Pride average current ratio for 2023 was 1.67, a 7.74% increase from 2022.
• Pilgrim's Pride average current ratio for 2022 was 1.55, a 5.44% increase from 2021.
• Pilgrim's Pride average current ratio for 2021 was 1.47, a 16.95% increase from 2020.

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