• Service average current ratio for 2023 was 0.55, a 7.84% decline from 2022.
• Service average current ratio for 2022 was 0.51, a 25% increase from 2021.
• Service average current ratio for 2021 was 0.68, a 19.3% decline from 2020.

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