• XP average current ratio for 2023 was 4.39, a 12.38% increase from 2022.
• XP average current ratio for 2022 was 5.01, a 84.19% decline from 2021.
• XP average current ratio for 2021 was 2.72, a 81.33% increase from 2020.

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