• Shell average current ratio for 2023 was 1.45, a 5.84% decline from 2022.
• Shell average current ratio for 2022 was 1.37, a 4.58% increase from 2021.
• Shell average current ratio for 2021 was 1.31, a 6.5% increase from 2020.

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