• Royal Caribbean Cruises average current ratio for 2023 was 0.21, a 38.24% decline from 2022.
• Royal Caribbean Cruises average current ratio for 2022 was 0.34, a 66.34% decline from 2021.
• Royal Caribbean Cruises average current ratio for 2021 was 1.01, a 26.25% decline from 2020.

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