• Universal Health Services average current ratio for 2023 was 1.36, a 11.48% decline from 2022.
• Universal Health Services average current ratio for 2022 was 1.22, a 2.52% increase from 2021.
• Universal Health Services average current ratio for 2021 was 1.19, a 4.39% increase from 2020.

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