Tenet Financial Statements From 2010 to 2026
| THC Stock | USD 199.45 0.73 0.37% |
Check Tenet Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenet Healthcare's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tenet financial statements analysis is a perfect complement when working with Tenet Healthcare Valuation or Volatility modules.
Check out the analysis of Tenet Healthcare Correlation against competitors. Tenet Healthcare Company Return On Equity Analysis
Tenet Healthcare's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tenet Healthcare Return On Equity | 0.27 |
Most of Tenet Healthcare's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tenet Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Tenet Healthcare has a Return On Equity of 0.2736. This is 101.14% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The return on equity for all United States stocks is 188.26% lower than that of the firm.
Tenet Healthcare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tenet Healthcare's current stock value. Our valuation model uses many indicators to compare Tenet Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tenet Healthcare competition to find correlations between indicators driving Tenet Healthcare's intrinsic value. More Info.Tenet Healthcare is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tenet Healthcare is roughly 3.53 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tenet Healthcare's earnings, one of the primary drivers of an investment's value.About Tenet Healthcare Financial Statements
Tenet Healthcare stakeholders use historical fundamental indicators, such as Tenet Healthcare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tenet Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenet Healthcare's assets and liabilities are reflected in the revenues and expenses on Tenet Healthcare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tenet Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Tenet Healthcare Corporation operates as a diversified healthcare services company. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas. Tenet Healthcare operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 76836 people.
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Check out the analysis of Tenet Healthcare Correlation against competitors. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.