• Texas Instruments average current ratio for 2023 was 5.28, a 4.35% decline from 2022.
• Texas Instruments average current ratio for 2022 was 5.06, a 8.66% increase from 2021.
• Texas Instruments average current ratio for 2021 was 5.54, a 39.2% decline from 2020.

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