• Westlake average current ratio for 2023 was 2.68, a 11.67% increase from 2022.
• Westlake average current ratio for 2022 was 2.4, a 16.08% increase from 2021.
• Westlake average current ratio for 2021 was 2.86, a 3.7% decline from 2020.

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