• Tapestry average current ratio for 2023 was 3.01, a 73.99% increase from 2022.
• Tapestry average current ratio for 2022 was 1.73, a 15.2% increase from 2021.
• Tapestry average current ratio for 2021 was 2.04, a 20% decline from 2020.

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