• Trex average current ratio for 2023 was 1.39, a 27.6% increase from 2022.
• Trex average current ratio for 2022 was 1.92, a 30.69% decline from 2021.
• Trex average current ratio for 2021 was 2.77, a 6.73% decline from 2020.

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