• Pearson average current ratio for 2023 was 1.95, a 1.04% decline from 2022.
• Pearson average current ratio for 2022 was 1.93, a 9.39% increase from 2021.
• Pearson average current ratio for 2021 was 2.13, a 4.41% decline from 2020.

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