• Wabtec average current ratio for 2024 was 1.38, a 20% decline from 2023.
• Wabtec average current ratio for 2023 was 1.15, a 10.85% increase from 2022.
• Wabtec average current ratio for 2022 was 1.29, a 0.77% decline from 2021.

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