• Teva Pharmaceutical Industries average current ratio for 2023 was 1.04, a 1.89% decline from 2022.
• Teva Pharmaceutical Industries average current ratio for 2022 was 1.06, a 0.95% decline from 2021.
• Teva Pharmaceutical Industries average current ratio for 2021 was 1.05, a 1.94% increase from 2020.

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