• Valmont Industries average current ratio for 2023 was 2.42, a 9.5% decline from 2022.
• Valmont Industries average current ratio for 2022 was 2.21, a 0.9% increase from 2021.
• Valmont Industries average current ratio for 2021 was 2.23, a 8.98% decline from 2020.

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