Tenet Healthcare Stock Probability Of Bankruptcy

THC Stock

USD 97.86 3.01 3.17%

Tenet Healthcare's odds of distress is below 1% at the present time. The company is very unlikely to encounter any financial crunch in the next two years. Probability of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Tenet balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Tenet Healthcare Piotroski F Score and Tenet Healthcare Altman Z Score analysis.

For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

The current year's Enterprise Value is expected to grow to about 15 B, whereas Market Cap is forecasted to decline to about 4.1 B.

Tenet Healthcare Company probability of distress Analysis

Tenet Healthcare's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Tenet Healthcare Probability Of Bankruptcy

Less than 1%

Most of Tenet Healthcare's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tenet Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Tenet Healthcare probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Tenet Healthcare odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Tenet Healthcare financial health.

Is Tenet Healthcare's industry 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

1.403

Earnings Share

5.71

Revenue Per Share

202.166

Quarterly Revenue Growth

0.078

Return On Assets

0.0629

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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.2	0.96	-0.22	0.93	0.99	0.97	0.73	0.86	0.82	0.85	0.92	-0.67	-0.73	-0.64	0.58	-0.05	-0.96	0.95	0.8	0.78	0.45	0.38	0.6	0.46	0.53
Total Stockholder Equity	-0.2		-0.36	0.81	0.0	-0.32	-0.09	0.12	-0.58	-0.24	-0.5	-0.1	-0.41	0.31	0.43	-0.46	-0.73	0.35	-0.37	0.13	-0.24	-0.69	0.14	0.53	0.43	0.59
Net Debt	0.96	-0.36		-0.36	0.9	0.97	0.88	0.71	0.94	0.85	0.88	0.83	-0.54	-0.79	-0.72	0.72	0.15	-0.92	0.96	0.73	0.66	0.53	0.15	0.38	0.23	0.38
Retained Earnings	-0.22	0.81	-0.36		-0.02	-0.34	-0.14	0.17	-0.58	-0.46	-0.43	0.05	-0.37	0.64	0.47	-0.26	-0.72	0.31	-0.33	0.18	-0.21	-0.59	0.09	0.51	0.37	0.56
Net Receivables	0.93	0.0	0.9	-0.02		0.89	0.92	0.91	0.71	0.69	0.66	0.87	-0.71	-0.64	-0.5	0.53	-0.22	-0.82	0.83	0.91	0.57	0.28	0.22	0.66	0.47	0.68
Total Liab	0.99	-0.32	0.97	-0.34	0.89		0.95	0.67	0.91	0.85	0.89	0.88	-0.59	-0.78	-0.7	0.63	0.06	-0.96	0.97	0.75	0.78	0.5	0.36	0.5	0.39	0.42
Total Current Assets	0.97	-0.09	0.88	-0.14	0.92	0.95		0.73	0.75	0.74	0.77	0.89	-0.69	-0.69	-0.58	0.46	-0.17	-0.91	0.88	0.83	0.76	0.28	0.53	0.71	0.62	0.6
Short Term Debt	0.73	0.12	0.71	0.17	0.91	0.67	0.73		0.48	0.42	0.42	0.72	-0.61	-0.42	-0.36	0.4	-0.37	-0.6	0.62	0.9	0.32	0.17	0.08	0.63	0.44	0.72
Intangible Assets	0.86	-0.58	0.94	-0.58	0.71	0.91	0.75	0.48		0.84	0.92	0.7	-0.33	-0.78	-0.77	0.75	0.41	-0.87	0.93	0.55	0.62	0.7	0.13	0.13	0.08	0.1
Accounts Payable	0.82	-0.24	0.85	-0.46	0.69	0.85	0.74	0.42	0.84		0.85	0.62	-0.48	-0.86	-0.75	0.6	0.2	-0.78	0.87	0.54	0.63	0.47	0.15	0.24	0.23	0.31
Long Term Debt	0.85	-0.5	0.88	-0.43	0.66	0.89	0.77	0.42	0.92	0.85		0.78	-0.43	-0.64	-0.74	0.74	0.28	-0.91	0.96	0.59	0.77	0.65	0.27	0.24	0.26	0.25
Good Will	0.92	-0.1	0.83	0.05	0.87	0.88	0.89	0.72	0.7	0.62	0.78		-0.75	-0.42	-0.44	0.49	-0.23	-0.92	0.87	0.84	0.82	0.41	0.4	0.7	0.52	0.64
Short Term Investments	-0.67	-0.41	-0.54	-0.37	-0.71	-0.59	-0.69	-0.61	-0.33	-0.48	-0.43	-0.75		0.31	0.23	-0.11	0.51	0.64	-0.55	-0.7	-0.62	-0.01	-0.32	-0.86	-0.52	-0.86
Treasury Stock	-0.73	0.31	-0.79	0.64	-0.64	-0.78	-0.69	-0.42	-0.78	-0.86	-0.64	-0.42	0.31		0.73	-0.43	-0.25	0.67	-0.7	-0.38	-0.47	-0.39	-0.14	-0.16	-0.09	-0.11
Common Stock	-0.64	0.43	-0.72	0.47	-0.5	-0.7	-0.58	-0.36	-0.77	-0.75	-0.74	-0.44	0.23	0.73		-0.6	-0.32	0.63	-0.73	-0.4	-0.43	-0.41	-0.09	-0.06	-0.1	-0.1
Property Plant Equipment	0.58	-0.46	0.72	-0.26	0.53	0.63	0.46	0.4	0.75	0.6	0.74	0.49	-0.11	-0.43	-0.6		0.46	-0.56	0.73	0.45	0.27	0.43	-0.11	-0.05	-0.02	0.06
Current Deferred Revenue	-0.05	-0.73	0.15	-0.72	-0.22	0.06	-0.17	-0.37	0.41	0.2	0.28	-0.23	0.51	-0.25	-0.32	0.46		-0.05	0.14	-0.34	-0.1	0.45	-0.29	-0.73	-0.62	-0.7
Net Tangible Assets	-0.96	0.35	-0.92	0.31	-0.82	-0.96	-0.91	-0.6	-0.87	-0.78	-0.91	-0.92	0.64	0.67	0.63	-0.56	-0.05		-0.95	-0.71	-0.88	-0.56	-0.41	-0.53	-0.38	-0.44
Long Term Debt Total	0.95	-0.37	0.96	-0.33	0.83	0.97	0.88	0.62	0.93	0.87	0.96	0.87	-0.55	-0.7	-0.73	0.73	0.14	-0.95		0.76	0.75	0.56	0.28	0.4	0.36	0.41
Capital Surpluse	0.8	0.13	0.73	0.18	0.91	0.75	0.83	0.9	0.55	0.54	0.59	0.84	-0.7	-0.38	-0.4	0.45	-0.34	-0.71	0.76		0.49	0.15	0.27	0.7	0.64	0.81
Long Term Investments	0.78	-0.24	0.66	-0.21	0.57	0.78	0.76	0.32	0.62	0.63	0.77	0.82	-0.62	-0.47	-0.43	0.27	-0.1	-0.88	0.75	0.49		0.47	0.53	0.55	0.41	0.41
Short Long Term Debt	0.45	-0.69	0.53	-0.59	0.28	0.5	0.28	0.17	0.7	0.47	0.65	0.41	-0.01	-0.39	-0.41	0.43	0.45	-0.56	0.56	0.15	0.47		-0.12	-0.21	-0.28	-0.19
Cash And Equivalents	0.38	0.14	0.15	0.09	0.22	0.36	0.53	0.08	0.13	0.15	0.27	0.4	-0.32	-0.14	-0.09	-0.11	-0.29	-0.41	0.28	0.27	0.53	-0.12		0.63	0.79	0.29
Net Invested Capital	0.6	0.53	0.38	0.51	0.66	0.5	0.71	0.63	0.13	0.24	0.24	0.7	-0.86	-0.16	-0.06	-0.05	-0.73	-0.53	0.4	0.7	0.55	-0.21	0.63		0.79	0.86
Net Working Capital	0.46	0.43	0.23	0.37	0.47	0.39	0.62	0.44	0.08	0.23	0.26	0.52	-0.52	-0.09	-0.1	-0.02	-0.62	-0.38	0.36	0.64	0.41	-0.28	0.79	0.79		0.7
Capital Stock	0.53	0.59	0.38	0.56	0.68	0.42	0.6	0.72	0.1	0.31	0.25	0.64	-0.86	-0.11	-0.1	0.06	-0.7	-0.44	0.41	0.81	0.41	-0.19	0.29	0.86	0.7

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.006124	0.0283	0.0536	0.0368	0.0216	0.0227
Net Debt	14.5B	13.3B	13.3B	14.2B	15.0B	15.7B
Total Current Liabilities	4.2B	4.8B	5.1B	4.5B	4.8B	2.5B
Non Current Liabilities Total	17.2B	19.4B	18.2B	18.1B	18.0B	18.9B
Total Assets	23.4B	27.1B	27.6B	27.2B	28.3B	29.7B
Total Current Assets	5.1B	7.1B	7.1B	6.0B	7.2B	7.5B
Total Cash From Operating Activities	1.2B	3.4B	1.6B	1.1B	2.4B	2.5B

	Return On Equity	0.26
	Return On Asset	0.0629
	Profit Margin	0.03 %
	Operating Margin	0.16 %
	Current Valuation	28.2 B
	Shares Outstanding	99.19 M
	Shares Owned By Insiders	1.30 %
	Shares Owned By Institutions	97.81 %
	Number Of Shares Shorted	4.26 M
	Price To Earning	11.95 X
	Price To Book	6.25 X
	Price To Sales	0.49 X
	Revenue	20.55 B
	Gross Profit	7.05 B
	EBITDA	3.3 B
	Net Income	611 M
	Cash And Equivalents	858 M
	Cash Per Share	11.19 X
	Total Debt	16.21 B
	Debt To Equity	3.30 %
	Current Ratio	1.40 X
	Book Value Per Share	16.09 X
	Cash Flow From Operations	2.37 B
	Short Ratio	3.16 X
	Earnings Per Share	5.71 X
	Price To Earnings To Growth	2.20 X
	Target Price	107.69
	Number Of Employees	78.81 K
	Beta	2.14
	Market Capitalization	9.41 B
	Total Asset	28.31 B
	Retained Earnings	(192 M)
	Working Capital	2.41 B
	Current Asset	3.38 B
	Current Liabilities	2.55 B
	Net Asset	28.31 B

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Tenet Healthcare Stock Probability Of Bankruptcy

Tenet Healthcare Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Tenet Healthcare Probability Of Bankruptcy

Tenet Probability Of Bankruptcy Driver Correlations

Tenet Probability Of Bankruptcy Peer Comparison

Tenet Healthcare Main Bankruptcy Drivers

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About Tenet Healthcare Fundamental Analysis

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