• Taiwan Semiconductor Manufacturing average current ratio for 2023 was 2.3, a 3.14% increase from 2022.
• Taiwan Semiconductor Manufacturing average current ratio for 2022 was 2.23, a 13.78% increase from 2021.
• Taiwan Semiconductor Manufacturing average current ratio for 2021 was 1.96, a 25.64% increase from 2020.

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