• South32 average current ratio for 2023 was 1.96, a 8.84% increase from 2022.
• South32 average current ratio for 2022 was 2.15, a 3.59% decline from 2021.
• South32 average current ratio for 2021 was 2.23, a 10.4% decline from 2020.

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