• Synopsys average current ratio for 2023 was 1.15, a 1.71% increase from 2022.
• Synopsys average current ratio for 2022 was 1.17, a 0.86% decline from 2021.
• Synopsys average current ratio for 2021 was 1.16, a 11.54% increase from 2020.

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