Tenet Healthcare Financial Health
How is Tenet Healthcare's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: THC's short term assets ($6.0B) exceed its short term liabilities ($4.3B).
Long Term Liabilities: THC's short term assets ($6.0B) do not cover its long term liabilities ($18.2B).
Debt to Equity History and Analysis
Debt Level: THC's net debt to equity ratio (293.7%) is considered high.
Reducing Debt: THC's debt to equity ratio has reduced from 592.6% to 320.1% over the past 5 years.
Debt Coverage: THC's debt is not well covered by operating cash flow (7%).
Interest Coverage: THC's interest payments on its debt are not well covered by EBIT (2.8x coverage).