• Walgreens average current ratio for 2023 was 0.64, a 13.51% increase from 2022.
• Walgreens average current ratio for 2022 was 0.74, a 6.33% decline from 2021.
• Walgreens average current ratio for 2021 was 0.79, a 16.18% decline from 2020.

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