• Shimano average current ratio for 2023 was 9.92, a 42.12% increase from 2022.
• Shimano average current ratio for 2022 was 6.98, a 8.4% increase from 2021.
• Shimano average current ratio for 2021 was 7.62, a 9.72% decline from 2020.

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