• Siemens AG average current ratio for 2023 was 1.34, a 1.47% increase from 2022.
• Siemens AG average current ratio for 2022 was 1.36, a 6.85% decline from 2021.
• Siemens AG average current ratio for 2021 was 1.46, a 7.59% decline from 2020.

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