Tenet Free Cash Flow vs Free Cash Flow Per Share Analysis

THC Stock  USD 145.64  2.32  1.62%   
Tenet Healthcare financial indicator trend analysis is much more than just breaking down Tenet Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tenet Healthcare is a good investment. Please check the relationship between Tenet Healthcare Free Cash Flow and its Free Cash Flow Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

Free Cash Flow vs Free Cash Flow Per Share

Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tenet Healthcare Free Cash Flow account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Tenet Healthcare's Free Cash Flow and Free Cash Flow Per Share is 1.0. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Tenet Healthcare, assuming nothing else is changed. The correlation between historical values of Tenet Healthcare's Free Cash Flow and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Tenet Healthcare are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., Tenet Healthcare's Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Tenet Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tenet Healthcare current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.The current year's Discontinued Operations is expected to grow to about 1.2 M, whereas Selling General Administrative is forecasted to decline to about 6.8 B.
 2021 2022 2024 (projected)
Interest Expense923M890M752.6M
Depreciation And Amortization855M841M524.6M

Tenet Healthcare fundamental ratios Correlations

0.980.850.86-0.210.70.96-0.220.641.00.290.640.970.410.990.850.950.470.990.860.970.750.840.820.75-0.28
0.980.760.87-0.330.780.99-0.330.550.990.250.550.920.391.00.850.950.490.990.790.930.720.910.840.71-0.14
0.850.760.630.10.280.680.170.820.820.50.820.910.270.780.680.750.190.790.860.910.790.480.510.77-0.67
0.860.870.63-0.360.810.84-0.470.570.860.270.570.750.40.890.960.780.430.890.640.810.470.880.930.79-0.07
-0.21-0.330.1-0.36-0.39-0.360.80.04-0.24-0.320.040.00.11-0.34-0.2-0.29-0.18-0.320.26-0.1-0.05-0.6-0.24-0.28-0.6
0.70.780.280.81-0.390.82-0.560.150.71-0.210.150.590.410.760.780.720.520.760.470.610.380.860.90.480.28
0.960.990.680.84-0.360.82-0.360.420.970.20.420.890.380.980.820.950.490.970.760.880.670.930.850.62-0.06
-0.22-0.330.17-0.470.8-0.56-0.360.01-0.240.020.01-0.04-0.42-0.35-0.32-0.24-0.62-0.340.18-0.140.01-0.6-0.46-0.24-0.62
0.640.550.820.570.040.150.420.010.590.41.00.650.270.590.560.490.260.610.590.750.620.360.350.86-0.55
1.00.990.820.86-0.240.710.97-0.240.590.30.590.950.390.990.860.950.460.990.840.950.720.870.830.73-0.23
0.290.250.50.27-0.32-0.210.20.020.40.30.40.25-0.230.290.250.19-0.30.290.230.270.160.190.030.4-0.38
0.640.550.820.570.040.150.420.011.00.590.40.650.270.590.560.490.260.610.590.750.620.360.350.86-0.55
0.970.920.910.750.00.590.89-0.040.650.950.250.650.440.930.780.920.430.930.920.970.830.70.730.7-0.45
0.410.390.270.40.110.410.38-0.420.270.39-0.230.270.440.40.420.330.880.410.430.450.290.280.540.18-0.16
0.991.00.780.89-0.340.760.98-0.350.590.990.290.590.930.40.870.950.491.00.790.940.720.90.850.76-0.17
0.850.850.680.96-0.20.780.82-0.320.560.860.250.560.780.420.870.770.350.870.720.810.520.80.940.78-0.21
0.950.950.750.78-0.290.720.95-0.240.490.950.190.490.920.330.950.770.420.950.760.90.80.830.770.68-0.19
0.470.490.190.43-0.180.520.49-0.620.260.46-0.30.260.430.880.490.350.420.50.330.490.30.480.530.220.14
0.990.990.790.89-0.320.760.97-0.340.610.990.290.610.930.411.00.870.950.50.80.950.720.90.850.76-0.19
0.860.790.860.640.260.470.760.180.590.840.230.590.920.430.790.720.760.330.80.870.630.510.660.52-0.62
0.970.930.910.81-0.10.610.88-0.140.750.950.270.750.970.450.940.810.90.490.950.870.80.740.740.79-0.4
0.750.720.790.47-0.050.380.670.010.620.720.160.620.830.290.720.520.80.30.720.630.80.480.410.67-0.39
0.840.910.480.88-0.60.860.93-0.60.360.870.190.360.70.280.90.80.830.480.90.510.740.480.850.640.24
0.820.840.510.93-0.240.90.85-0.460.350.830.030.350.730.540.850.940.770.530.850.660.740.410.850.6-0.01
0.750.710.770.79-0.280.480.62-0.240.860.730.40.860.70.180.760.780.680.220.760.520.790.670.640.6-0.29
-0.28-0.14-0.67-0.07-0.60.28-0.06-0.62-0.55-0.23-0.38-0.55-0.45-0.16-0.17-0.21-0.190.14-0.19-0.62-0.4-0.390.24-0.01-0.29
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Tenet Healthcare Account Relationship Matchups

Tenet Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.4B27.1B27.6B27.2B28.3B29.7B
Short Long Term Debt Total14.8B15.7B15.6B15.1B16.2B17.0B
Other Current Liab1.4B3.0B2.7B2.7B3.0B3.2B
Total Current Liabilities4.2B4.8B5.1B4.5B4.8B2.5B
Total Stockholder Equity(371M)28M1.0B1.1B1.6B1.3B
Property Plant And Equipment Net6.9B6.7B6.4B6.5B7.3B5.4B
Net Debt14.5B13.3B13.3B14.2B15.0B15.7B
Retained Earnings(2.5B)(2.1B)(1.2B)(803M)(192M)(201.6M)
Cash262M2.4B2.4B858M1.2B1.3B
Non Current Assets Total18.3B20.0B20.5B21.2B21.1B22.2B
Non Currrent Assets Other308M315M317M389M180M214.4M
Cash And Short Term Investments262M2.4B2.4B858M1.2B1.3B
Net Receivables2.8B3.4B3.3B3.5B4.0B4.2B
Common Stock Shares Outstanding103.4M106.3M108.6M110.5M104.8M108.2M
Liabilities And Stockholders Equity23.4B27.1B27.6B27.2B28.3B29.7B
Non Current Liabilities Total17.2B19.4B18.2B18.1B18.0B18.9B
Inventory310M368M384M405M411M211.5M
Other Current Assets1.4B1.4B1.0B1.3B1.5B1.6B
Other Stockholder Equity2.3B2.4B2.5B2.1B2.0B2.6B
Total Liab21.4B24.2B23.3B22.5B22.8B23.9B
Property Plant And Equipment Gross8.0B7.9B13.5B13.8B13.8B14.5B
Total Current Assets5.1B7.1B7.1B6.0B7.2B7.5B
Accumulated Other Comprehensive Income(257M)(281M)(233M)(181M)(208.2M)(218.6M)
Short Term Debt171M333M135M145M324M340.2M
Intangible Assets1.6B1.6B1.5B1.4B1.4B1.3B
Other Liab1.7B3.8B2.7B2.1B2.4B1.7B
Other Assets646M325M65M19M21.9M20.8M
Long Term Debt14.6B15.6B15.5B14.9B14.9B9.6B
Good Will7.3B8.8B9.3B10.1B10.3B10.8B
Property Plant Equipment7.8B6.7B6.4B6.5B7.4B6.6B
Current Deferred Revenue1.5B659M959M110M59M56.1M
Net Tangible Assets(7.7B)(8.4B)(9.7B)(8.3B)(7.4B)(7.8B)
Noncontrolling Interest In Consolidated Entity854M909M1.0B1.3B1.5B1.6B
Retained Earnings Total Equity(2.5B)(2.1B)(1.2B)(803M)(722.7M)(758.8M)
Long Term Debt Total14.6B15.6B15.5B14.9B17.2B13.1B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.
Quarterly Earnings Growth
4.215
Earnings Share
31.57
Revenue Per Share
213.204
Quarterly Revenue Growth
0.011
Return On Assets
0.0699
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.