• Repligen average current ratio for 2023 was 3.73, a 60.09% increase from 2022.
• Repligen average current ratio for 2022 was 2.33, a 15.58% increase from 2021.
• Repligen average current ratio for 2021 was 2.76, a 76.81% decline from 2020.

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