• Zimmer Biomet Holdings average current ratio for 2023 was 1.89, a 2.72% decline from 2022.
• Zimmer Biomet Holdings average current ratio for 2022 was 1.84, a 1.08% increase from 2021.
• Zimmer Biomet Holdings average current ratio for 2021 was 1.86, a 8.37% decline from 2020.

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