• Charles Schwab average current ratio for 2023 was 0.47, a 14.63% decline from 2022.
• Charles Schwab average current ratio for 2022 was 0.41, a 7.89% increase from 2021.
• Charles Schwab average current ratio for 2021 was 0.38, a 11.76% increase from 2020.

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