Smiths Group Current Ratio 2016-2024 | SMGZY
- Smiths Group average current ratio for 2023 was 1.78, a 16.82% increase from 2022.
- Smiths Group average current ratio for 2022 was 2.14, a 25.17% decline from 2021.
- Smiths Group average current ratio for 2021 was 2.86, a 3.62% decline from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.