Back to top
more

Tenet Healthcare (THC)

(Real Time Quote from BATS)

$152.08 USD

152.08
880,101

+2.34 (1.56%)

Updated Jul 26, 2024 03:40 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 2% (5 out of 250)

Industry: Medical - Hospital

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for THC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Tenet Healthcare Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,228 858 2,364 2,446 262
Receivables 2,914 2,943 2,770 2,691 2,753
Notes Receivable 0 0 0 0 0
Inventories 411 405 384 368 310
Other Current Assets 2,614 1,775 1,557 1,642 1,756
Total Current Assets 7,167 5,981 7,075 7,147 5,081
Net Property & Equipment 6,236 6,462 6,427 6,692 6,878
Investments & Advances 3,157 3,147 3,254 2,534 2,369
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 77 19 65 325 169
Intangibles 11,675 11,547 10,758 10,408 8,854
Deposits & Other Assets 0 0 0 0 0
Total Assets 28,312 27,156 27,579 27,106 23,351
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,408 1,504 1,300 1,207 1,204
Current Portion Long-Term Debt 120 145 135 145 171
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,130 991 1,099 1,190 1,122
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 2,102 1,836 2,575 2,305 1,708
Total Current Liabilities 4,760 4,476 5,109 4,847 4,205
Mortgages 0 0 0 0 0
Deferred Taxes/Income 326 217 36 29 27
Convertible Debt 0 0 0 0 0
Long-Term Debt 14,882 14,934 15,511 15,574 14,580
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,836 2,921 2,666 3,767 2,550
Minority Interest (Liabilities) 2,391 2,149 2,203 1,952 1,506
Total Liabilities 25,195 24,697 25,525 26,169 22,868
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 8 8 8 7 7
Capital Surplus 4,834 4,778 4,877 4,844 4,760
Retained Earnings -192 -803 -1,214 -2,128 -2,467
Other Equity 1,328 1,136 793 628 597
Treasury Stock 2,861 2,660 2,410 2,414 2,414
Total Shareholder's Equity 3,117 2,459 2,054 937 483
Total Liabilities & Shareholder's Equity 28,312 27,156 27,579 27,106 23,351
Total Common Equity 3,117 2,459 2,054 937 483
Shares Outstanding 101.50 108.10 107.10 105.50 103.90
Book Value Per Share 30.71 22.75 19.18 8.88 4.65

Fiscal Year End for Tenet Healthcare Corporation falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 2,481 1,228 1,054 934
Receivables NA 3,148 2,914 2,897 2,914
Notes Receivable NA 0 0 0 0
Inventories NA 395 411 413 404
Other Current Assets NA 1,797 2,614 1,995 1,743
Total Current Assets NA 7,821 7,167 6,359 5,995
Net Property & Equipment NA 5,855 6,236 6,260 6,268
Investments & Advances NA 3,244 3,157 3,152 3,130
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 20 77 4 8
Intangibles NA 11,967 11,675 11,815 11,756
Deposits & Other Assets NA 0 0 0 0
Total Assets NA 28,907 28,312 27,590 27,157
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,335 1,408 1,202 1,246
Current Portion Long-Term Debt NA 107 120 141 141
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,024 1,130 1,060 917
Income Taxes Payable NA 805 0 0 0
Other Current Liabilities NA 2,145 2,102 2,029 1,848
Total Current Liabilities NA 5,416 4,760 4,432 4,152
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 231 326 278 243
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 12,772 14,882 14,901 14,907
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 2,836 2,798 2,854
Minority Interest (Liabilities) NA 2,728 2,391 2,303 2,277
Total Liabilities NA 23,964 25,195 24,712 24,433
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 8 8 8 8
Capital Surplus NA 4,806 4,834 4,818 4,800
Retained Earnings NA 1,959 -192 -436 -537
Other Equity NA 1,311 1,328 1,238 1,203
Treasury Stock NA 3,141 2,861 2,750 2,750
Total Shareholder's Equity NA 4,943 3,117 2,878 2,724
Total Liabilities & Shareholder's Equity NA 28,907 28,312 27,590 27,157
Total Common Equity 0 4,943 3,117 2,878 2,724
Shares Outstanding 97.60 97.60 101.50 101.50 101.50
Book Value Per Share 0.00 50.65 30.71 28.35 26.84