• Stanley Black & Decker average current ratio for 2023 was 1.27, a 23.3% increase from 2022.
• Stanley Black & Decker average current ratio for 2022 was 1.03, a 14.88% increase from 2021.
• Stanley Black & Decker average current ratio for 2021 was 1.21, a 3.2% decline from 2020.

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