• Western Alliance Bancorporation average current ratio for 2023 was 1.05, a 7.14% decline from 2022.
• Western Alliance Bancorporation average current ratio for 2022 was 0.98, a 7.69% increase from 2021.
• Western Alliance Bancorporation average current ratio for 2021 was 0.91, a 3.19% increase from 2020.

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