• Nasdaq average current ratio for 2023 was 1.34, a 41.05% decline from 2022.
• Nasdaq average current ratio for 2022 was 0.95, a 4.04% increase from 2021.
• Nasdaq average current ratio for 2021 was 0.99, a 17.5% decline from 2020.

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