• Exxon average current ratio for 2023 was 1.46, a 16.8% decline from 2022.
• Exxon average current ratio for 2022 was 1.25, a 38.89% increase from 2021.
• Exxon average current ratio for 2021 was 0.9, a 7.14% increase from 2020.

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