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Gtok is a luxury goods eCommerce company headquartered in the United States. They operate over 56,000 units in more than 120 countries around the world.

Gtok is a luxury goods eCommerce company headquartered in the United States. They operate over 56,000 units in more than 120 countries around the world. The company reported the following balances on its recent balance sheets (in millions). Compute Gtok's current ratio for fiscal years 2020, 2021, and 2022.

(dollars in millions) Current Assets Current Liabilities Current Ratio
Fiscal Year 2020 $1,939 $4,567
Fiscal Year 2021 2,384 $3,734
Fiscal Year 2022 2,925 $2,935

What do these results suggest about Gtok's brand liquidity in the current year and over time?

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