• Sandvik AB average current ratio for 2023 was 1.72, a 0% decline from 2022.
• Sandvik AB average current ratio for 2022 was 1.72, a 12.24% decline from 2021.
• Sandvik AB average current ratio for 2021 was 1.96, a 14.78% decline from 2020.

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