Tenet Healthcare Financials
| THC Stock | USD 143.32 0.31 0.22% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 2.6 B | 2.5 B |
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| Current Ratio | 1.57 | 1.5057 |
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The essential information of the day-to-day investment outlook for Tenet Healthcare includes many different criteria found on its balance sheet. An individual investor should monitor Tenet Healthcare's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tenet Healthcare.
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Tenet | Select Account or Indicator |
Understanding current and past Tenet Healthcare Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tenet Healthcare's financial statements are interrelated, with each one affecting the others. For example, an increase in Tenet Healthcare's assets may result in an increase in income on the income statement.
Please note, the presentation of Tenet Healthcare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tenet Healthcare's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tenet Healthcare's management manipulating its earnings.
Tenet Healthcare Stock Summary
Tenet Healthcare competes with Acadia Healthcare, HCA Holdings, US Physicalrapy, DaVita HealthCare, and Universal Health. 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.Specialization | Health Care, Health Care Equipment & Services |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US88033G4073 |
| CUSIP | 88033G407 88033G100 |
| Location | Texas; U.S.A |
| Business Address | 14201 Dallas Parkway, |
| Sector | Health Care Providers & Services |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.tenethealth.com |
| Phone | 469 893 2200 |
| Currency | USD - US Dollar |
Tenet Healthcare Key Financial Ratios
| Return On Equity | 0.6 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.14 % | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 20.55 B |
Tenet Healthcare Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 23.4B | 27.1B | 27.6B | 27.2B | 28.3B | 29.7B | |
| Other Current Liab | 1.4B | 3.0B | 2.7B | 2.7B | 3.0B | 3.2B | |
| Net Debt | 14.5B | 13.3B | 13.3B | 14.2B | 15.0B | 15.7B | |
| Retained Earnings | (2.5B) | (2.1B) | (1.2B) | (803M) | (192M) | (201.6M) | |
| Cash | 262M | 2.4B | 2.4B | 858M | 1.2B | 1.3B | |
| Net Receivables | 2.8B | 3.4B | 3.3B | 3.5B | 4.0B | 4.2B | |
| Inventory | 310M | 368M | 384M | 405M | 411M | 211.5M | |
| Other Current Assets | 1.4B | 1.4B | 1.0B | 1.3B | 1.5B | 1.6B | |
| Total Liab | 21.4B | 24.2B | 23.3B | 22.5B | 22.8B | 23.9B | |
| Total Current Assets | 5.1B | 7.1B | 7.1B | 6.0B | 7.2B | 7.5B | |
| Short Term Debt | 171M | 333M | 135M | 145M | 324M | 340.2M | |
| Intangible Assets | 1.6B | 1.6B | 1.5B | 1.4B | 1.4B | 1.3B | |
| Other Liab | 1.7B | 3.8B | 2.7B | 2.1B | 2.4B | 1.7B | |
| Other Assets | 646M | 325M | 65M | 19M | 21.9M | 20.8M | |
| Long Term Debt | 14.6B | 15.6B | 15.5B | 14.9B | 14.9B | 9.6B | |
| Good Will | 7.3B | 8.8B | 9.3B | 10.1B | 10.3B | 10.8B | |
| Net Tangible Assets | (7.7B) | (8.4B) | (9.7B) | (8.3B) | (7.4B) | (7.8B) | |
| Long Term Debt Total | 14.6B | 15.6B | 15.5B | 14.9B | 17.2B | 13.1B |
Tenet Healthcare Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 985M | 1.0B | 923M | 890M | 901M | 752.6M | |
| Total Revenue | 18.5B | 17.6B | 19.5B | 19.2B | 20.5B | 11.4B | |
| Gross Profit | 15.4B | 14.7B | 16.2B | 15.9B | 2.4B | 2.3B | |
| Operating Income | 1.5B | 2.0B | 2.9B | 2.3B | 2.5B | 2.6B | |
| Ebit | 1.5B | 1.6B | 2.6B | 2.5B | 2.8B | 2.9B | |
| Ebitda | 2.7B | 2.4B | 3.4B | 3.3B | 3.7B | 3.8B | |
| Cost Of Revenue | 3.1B | 3.0B | 3.3B | 3.3B | 18.1B | 19.0B | |
| Income Before Tax | 296M | 671M | 1.9B | 1.3B | 1.6B | 1.7B | |
| Net Income | 143M | 768M | 1.5B | 1B | 611M | 641.6M | |
| Income Tax Expense | 153M | (97M) | 411M | 344M | 306M | 321.3M | |
| Minority Interest | 386M | 369M | (562M) | (590M) | (660M) | (627M) | |
| Extraordinary Items | 11M | 0.0 | (1M) | 1M | 1.2M | 1.2M | |
| Non Recurring | 141M | 44M | 116M | 70M | 63M | 119.4M | |
| Tax Provision | 153M | (97M) | 411M | 344M | 290M | 199.3M | |
| Interest Income | 985M | 1.0B | 923M | 890M | 801M | 771.5M | |
| Net Interest Income | (985M) | (1.0B) | (923M) | (890M) | (893M) | (937.7M) |
Tenet Healthcare Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (94M) | (145M) | (52M) | (64M) | (139M) | (132.1M) | |
| Change In Cash | (149M) | 2.2B | (82M) | (1.5B) | 370M | 388.5M | |
| Free Cash Flow | 563M | 2.9B | 910M | 321M | 1.6B | 1.7B | |
| Other Non Cash Items | 344M | 274M | (332M) | 119M | 704M | 801.0M | |
| Dividends Paid | 307M | 287M | 423M | 560M | 644M | 676.2M | |
| Capital Expenditures | 670M | 540M | 658M | 762M | 751M | 712.3M | |
| Net Income | 154M | 768M | 1.5B | 1.0B | 611M | 641.6M | |
| End Period Cash Flow | 262M | 2.4B | 2.4B | 858M | 1.2B | 1.3B | |
| Change To Netincome | 495M | 209M | 503M | 341M | 392.2M | 372.5M | |
| Change Receivables | (247M) | 195M | (197M) | (140M) | (161M) | (169.1M) | |
| Net Borrowings | (482M) | 477M | (349M) | (852M) | (766.8M) | (728.5M) | |
| Investments | (62M) | (44M) | (714M) | (808M) | (942M) | (894.9M) |
Tenet Financial Ratios 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 currently regarded as top stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tenet Healthcare is roughly 8.52 . At present, Tenet Healthcare's Return On Equity is projected to slightly grow based on the last few years of reporting. 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.Tenet Healthcare Systematic Risk
Tenet Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tenet Healthcare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Tenet Healthcare correlated with the market. If Beta is less than 0 Tenet Healthcare generally moves in the opposite direction as compared to the market. If Tenet Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tenet Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tenet Healthcare is generally in the same direction as the market. If Beta > 1 Tenet Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
Tenet Healthcare Thematic Clasifications
Tenet Healthcare is part of several thematic ideas from Baby Boomer Prospects to Obamacare. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Tenet Healthcare Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tenet Healthcare's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tenet Healthcare growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Tenet Healthcare November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tenet Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tenet Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tenet Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Tenet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tenet Healthcare's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.18 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 3.81 |
Complementary Tools for Tenet Stock analysis
When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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