• Republic Services average current ratio for 2023 was 0.66, a 8.33% decline from 2022.
• Republic Services average current ratio for 2022 was 0.72, a 7.46% decline from 2021.
• Republic Services average current ratio for 2021 was 0.67, a 14.1% increase from 2020.

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