• Simpson Manufacturing average current ratio for 2023 was 3.56, a 11.66% decline from 2022.
• Simpson Manufacturing average current ratio for 2022 was 4.03, a 4.13% decline from 2021.
• Simpson Manufacturing average current ratio for 2021 was 3.87, a 9.58% increase from 2020.

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