• Ricoh average current ratio for 2023 was 1.37, a 6.16% increase from 2022.
• Ricoh average current ratio for 2022 was 1.46, a 5.19% decline from 2021.
• Ricoh average current ratio for 2021 was 1.54, a 6.67% decline from 2020.

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