Tenet Historical Balance Sheet

THC Stock  USD 132.55  1.22  0.91%   
Trend analysis of Tenet Healthcare balance sheet accounts such as Total Stockholder Equity of 1.3 B, Property Plant And Equipment Net of 5.4 B, Net Debt of 15.7 B or Cash of 1.3 B provides information on Tenet Healthcare's total assets, liabilities, and equity, which is the actual value of Tenet Healthcare to its prevalent stockholders. By breaking down trends over time using Tenet Healthcare balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Tenet Healthcare latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tenet Healthcare is a good buy for the upcoming year.

Tenet Healthcare Inventory

211.54 Million

  
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.

About Tenet Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Tenet Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Tenet Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tenet Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tenet currently owns. An asset can also be divided into two categories, current and non-current.

Tenet Healthcare Balance Sheet Chart

At present, Tenet Healthcare's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 3.2 B, whereas Total Current Liabilities is forecasted to decline to about 2.5 B.

Total Assets

Total assets refers to the total amount of Tenet Healthcare assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tenet Healthcare books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Tenet Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tenet Healthcare are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most accounts from Tenet Healthcare's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.At present, Tenet Healthcare's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 3.2 B, whereas Total Current Liabilities is forecasted to decline to about 2.5 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total15.6B15.1B16.2B17.0B
Total Assets27.6B27.2B28.3B29.7B

Tenet Healthcare balance sheet Correlations

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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
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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
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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
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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 balance sheet 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

Also Currently Popular

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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.