• HP average current ratio for 2023 was 0.71, a 10.13% decline from 2022.
• HP average current ratio for 2022 was 0.79, a 6.76% decline from 2021.
• HP average current ratio for 2021 was 0.74, a 5.13% increase from 2020.

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