Tenet Healthcare Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,975	3,019	1,228	858	2,364	2,446
Cash & Short-Term Investments	2,975	3,019	1,228	858	2,364	2,446
Cash Growth	-27.33%	145.85%	43.12%	-63.71%	-3.35%	833.59%
Accounts Receivable	3,173	3,054	3,404	3,462	3,306	3,351
Other Receivables	600	555	542	577	578	-
Receivables	3,773	3,609	3,946	4,039	3,884	3,351
Inventory	346	346	411	405	384	368
Prepaid Expenses	373	368	391	400	252	-
Other Current Assets	343	340	1,191	279	191	982
Total Current Assets	7,810	7,682	7,167	5,981	7,075	7,147
Property, Plant & Equipment	6,091	7,086	7,319	7,591	7,429	7,754
Long-Term Investments	2,939	1,532	1,560	1,629	2,016	1,027
Goodwill	11,158	10,691	10,307	10,123	9,261	8,808
Other Intangible Assets	1,348	1,397	1,368	1,424	1,497	1,600
Long-Term Accounts Receivable	-	274	334	197	213	206
Long-Term Deferred Tax Assets	72	80	77	19	65	325
Long-Term Deferred Charges	-	-	-	-	23	24
Other Long-Term Assets	-	194	180	192	-	215
Total Assets	29,418	28,936	28,312	27,156	27,579	27,106
Accounts Payable	1,356	1,294	1,408	1,504	1,300	1,207
Accrued Expenses	1,392	1,310	1,408	1,269	1,378	1,496
Current Portion of Long-Term Debt	85	38	36	46	29	23
Current Portion of Leases	-	258	288	306	307	310
Current Income Taxes Payable	28	18	23	-	-	-
Current Unearned Revenue	-	80	59	7	964	659
Other Current Liabilities	1,699	1,312	1,538	1,344	1,131	1,152
Total Current Liabilities	4,560	4,310	4,760	4,476	5,109	4,847
Long-Term Debt	12,498	12,691	14,762	14,769	15,335	15,423
Long-Term Leases	604	1,340	1,127	1,211	1,100	1,150
Long-Term Unearned Revenue	-	13	12	-	15	918
Pension & Post-Retirement Benefits	296	298	335	331	421	497
Long-Term Deferred Tax Liabilities	269	227	326	217	36	29
Other Long-Term Liabilities	2,491	1,510	1,482	1,544	1,306	1,353
Total Liabilities	20,718	20,389	22,804	22,548	23,322	24,217
Common Stock	8	8	8	8	8	7
Additional Paid-In Capital	4,872	4,873	4,834	4,778	4,877	4,844
Retained Earnings	4,044	3,008	-192	-803	-1,214	-2,128
Treasury Stock	-4,736	-3,538	-2,861	-2,660	-2,410	-2,414
Comprehensive Income & Other	-174	-180	-181	-181	-233	-281
Total Common Equity	4,014	4,171	1,608	1,142	1,028	28
Minority Interest	4,686	4,376	3,900	3,466	3,229	2,861
Shareholders' Equity	8,700	8,547	5,508	4,608	4,257	2,889
Total Liabilities & Equity	29,418	28,936	28,312	27,156	27,579	27,106
Total Debt	13,187	14,327	16,213	16,332	16,771	16,906
Net Cash (Debt)	-10,212	-11,258	-14,937	-15,444	-14,407	-14,457
Net Cash Per Share	-109.99	-115.02	-142.53	-139.74	-132.70	-136.05
Filing Date Shares Outstanding	87.89	95.12	100	102.27	107.42	106.2
Total Common Shares Outstanding	87.87	95.11	99.95	102.25	107.19	106.07
Working Capital	3,250	3,372	2,407	1,505	1,966	2,300
Book Value Per Share	45.68	43.85	16.09	11.17	9.59	0.26
Tangible Book Value	-8,492	-7,917	-10,067	-10,405	-9,730	-10,380
Tangible Book Value Per Share	-96.65	-83.24	-100.72	-101.76	-90.77	-97.86
Land	-	539	625	661	635	612
Buildings	-	6,130	6,692	6,646	6,652	6,985
Machinery	-	4,399	4,750	4,748	4,455	4,593
Construction In Progress	-	238	269	195	166	33

Source: S&P Global Market Intelligence. Standard template. Financial Sources.