• Rio Tinto average current ratio for 2023 was 1.84, a 6.98% decline from 2022.
• Rio Tinto average current ratio for 2022 was 1.72, a 15.27% increase from 2021.
• Rio Tinto average current ratio for 2021 was 2.03, a 18.71% decline from 2020.

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