• Telenor average current ratio for 2023 was 0.7, a 7.69% decline from 2022.
• Telenor average current ratio for 2022 was 0.65, a 14.47% increase from 2021.
• Telenor average current ratio for 2021 was 0.76, a 2.7% decline from 2020.

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