• PTC average current ratio for 2023 was 0.84, a 35.88% decline from 2022.
• PTC average current ratio for 2022 was 1.31, a 3.15% decline from 2021.
• PTC average current ratio for 2021 was 1.27, a 3.25% increase from 2020.

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