• Southern Copper average current ratio for 2023 was 3.89, a 9.58% decline from 2022.
• Southern Copper average current ratio for 2022 was 3.55, a 5.34% increase from 2021.
• Southern Copper average current ratio for 2021 was 3.37, a 7.16% increase from 2020.

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