• Wells Fargo average current ratio for 2023 was 0.86, a 4.88% decline from 2022.
• Wells Fargo average current ratio for 2022 was 0.82, a 1.2% increase from 2021.
• Wells Fargo average current ratio for 2021 was 0.83, a 4.6% decline from 2020.

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