• Teradyne average current ratio for 2023 was 3.27, a 6.86% decline from 2022.
• Teradyne average current ratio for 2022 was 3.06, a 5.26% increase from 2021.
• Teradyne average current ratio for 2021 was 3.23, a 0.31% decline from 2020.

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