• RPM average current ratio for 2023 was 2.42, a 28.04% decline from 2022.
• RPM average current ratio for 2022 was 1.89, a 11.27% increase from 2021.
• RPM average current ratio for 2021 was 2.13, a 5.75% decline from 2020.

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