• Stryker average current ratio for 2023 was 1.58, a 17.28% increase from 2022.
• Stryker average current ratio for 2022 was 1.91, a 12.39% decline from 2021.
• Stryker average current ratio for 2021 was 2.18, a 15.5% decline from 2020.

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