• Alphabet average current ratio for 2023 was 2.17, a 18.11% decline from 2022.
• Alphabet average current ratio for 2022 was 2.65, a 12.83% decline from 2021.
• Alphabet average current ratio for 2021 was 3.04, a 10.32% decline from 2020.

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