Tenet Healthcare Corporation company logo
Tenet Healthcare Corporation logo

Tenet Healthcare Corporation (THC) Quick Ratio

Annual Quick Ratio

1.700.28+19.72%

Summary

Current Value
As of today, THC annual quick ratio is 1.70, up +19.72% on
Historical Performance
THC annual quick ratio is up +29.77% over the past 3 years, and up +50.44% over the past 5 years
All-Time High Comparison
THC annual quick ratio is currently -21.30% below its historical high of 2.16 set on
3-Year Low Comparison
THC annual quick ratio is +36.00% above its 3-year low of 1.25 reached on an earlier date
Sector Comparison
THC annual quick ratio is higher than 34.78% of companies in Healthcare sector

Quick Ratio Chart

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Performance

THC Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio1.70+19.7%+29.8%+50.4%+30.8%
Quarterly Quick Ratio1.64+7.9%+25.2%+28.1%+21.5%
Price$200.93+54.3%+287.6%+336.8%+629.0%
Annual Current Assets$7.68B+7.2%+8.6%+51.2%+210.8%
Annual Inventory$346.00M-15.8%-9.9%+11.6%+126.1%
Annual Current Liabilities$4.31B-9.4%-15.6%+2.5%+141.7%
Annual Current Ratio1.78+17.9%+29.0%+47.1%+28.1%
Annual Debt To Equity3.43-66.0%-79.0%+109.1%-48.2%
Piotroski F-Score70.0%+75.0%+16.7%+16.7%
Altman Z-Score1.85+8.8%+62.3%+101.1%+25.9%

Quick Ratio Highs

THC Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.70at high
5Y1.70at high
All2.16-21.3%

Quick Ratio Lows

THC Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.25N/A+36.0%
5Y1.25+36.0%
All0.85+100.0%

Quick Ratio History

YearValueChange
1.70+19.7%
1.42+13.6%
1.25-4.6%
1.31-6.4%
1.40+23.9%
1.13+0.9%
YearValueChange
1.12-8.2%
1.220.0%
1.22+8.0%
1.13-8.9%
1.24-

FAQ

  • What is the current annual quick ratio of THC?

    As of today, THC annual quick ratio is 1.70

  • What is 1-year change in THC annual quick ratio?

    THC annual quick ratio is up +19.72% year-over-year

  • What is 3-year change in THC annual quick ratio?

    THC annual quick ratio is up +29.77% over the past 3 years

  • How far is THC annual quick ratio from its all-time high?

    THC annual quick ratio is currently -21.30% below its historical high of 2.16 set on May 1, 1983

  • How does THC annual quick ratio rank versus sector peers?

    THC annual quick ratio is higher than 34.78% of companies in Healthcare sector

  • When is THC next annual earnings release?

    The next annual earnings release for THC is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. THC Official Website www.tenethealth.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/70318/000007031825000046/0000070318-25-000046-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70318/000007031825000009/0000070318-25-000009-index.htm
  4. THC Profile on Yahoo Finance finance.yahoo.com/quote/THC
  5. THC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/thc