Tenet Healthcare Corporation (THC) — Defensive Interval Ratio
Tenet Healthcare Corporation (THC) has a Defensive Interval Ratio of 155 days as of March 2026. Defensive assets of $2.60 Billion (cash $-, short-term investments $-, receivables $2.60 Billion) cover 155 days of daily cash needs of $16.85 Million/day. See THC working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tenet Healthcare Corporation Defensive Interval Ratio (1985–2025)
This chart shows how Tenet Healthcare Corporation's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 155 days, meaning defensive assets of $2.60 Billion can fund 155 days of operations without new revenue. See Tenet Healthcare Corporation balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Tenet Healthcare Corporation (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tenet Healthcare Corporation from 1985 to 2025, covering 41 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see THC company net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 446 days | $5.45 Billion | $12.23 Million/day | $2.88 Billion | $- | ▼ -196 days |
| 2024 | 642 days | $7.58 Billion | $11.81 Million/day | $3.02 Billion | $1.50 Billion | ▲ +287 days |
| 2023 | 355 days | $4.63 Billion | $13.04 Million/day | $1.23 Billion | $- | ▲ +127 days |
| 2022 | 228 days | $2.80 Billion | $12.26 Million/day | $858.00 Million | $-1.52 Billion | ▼ -74 days |
| 2021 | 302 days | $4.23 Billion | $14.00 Million/day | $2.36 Billion | $-1.44 Billion | ▼ -134 days |
| 2020 | 437 days | $5.80 Billion | $13.28 Million/day | $2.45 Billion | $2.53 Million | ▲ +131 days |
| 2019 | 306 days | $3.53 Billion | $11.52 Million/day | $262.00 Million | $- | ▲ +18 days |
| 2018 | 288 days | $3.04 Billion | $10.57 Million/day | $411.00 Million | $-460.00 Million | ▲ +26 days |
| 2017 | 262 days | $3.11 Billion | $11.87 Million/day | $611.00 Million | $-529.00 Million | ▼ -89 days |
| 2016 | 351 days | $3.88 Billion | $11.05 Million/day | $716.00 Million | $-266.00 Million | ▲ +115 days |
| 2015 | 236 days | $2.79 Billion | $11.80 Million/day | $- | $-299.00 Million | ▲ +17 days |
| 2014 | 219 days | $2.15 Billion | $9.80 Million/day | $- | $-251.00 Million | ▼ -16 days |
| 2013 | 235 days | $1.89 Billion | $8.02 Million/day | $- | $0.00 | ▼ -41 days |
| 2012 | 277 days | $1.34 Billion | $4.83 Million/day | $- | $0.00 | ▲ +18 days |
| 2011 | 258 days | $1.28 Billion | $4.97 Million/day | $- | $0.00 | ▼ -14 days |
| 2010 | 272 days | $1.29 Billion | $4.73 Million/day | $- | $1.00 Million | ▲ +25 days |
| 2009 | 248 days | $1.21 Billion | $4.88 Million/day | $- | $13.00 Million | ▼ -29 days |
| 2008 | 276 days | $1.48 Billion | $5.34 Million/day | $- | $16.00 Million | ▼ -4 days |
| 2007 | 281 days | $1.58 Billion | $5.61 Million/day | $- | $20.00 Million | ▼ -54 days |
| 2006 | 335 days | $1.77 Billion | $5.27 Million/day | $- | $39.00 Million | ▲ +79 days |
| 2005 | 256 days | $1.60 Billion | $6.28 Million/day | $- | $5.00 Million | ▼ -145 days |
| 2004 | 401 days | $2.34 Billion | $5.84 Million/day | $- | $117.00 Million | ▲ +14 days |
| 2003 | 387 days | $2.54 Billion | $6.56 Million/day | $- | $123.00 Million | ▼ -34 days |
| 2002 | 421 days | $2.67 Billion | $6.35 Million/day | $- | $90.00 Million | ▲ +2 days |
| 2001 | 420 days | $2.49 Billion | $5.93 Million/day | $- | $104.00 Million | ▼ -56 days |
| 2000 | 475 days | $2.49 Billion | $5.24 Million/day | $- | $104.00 Million | ▼ -16 days |
| 1999 | 491 days | $2.59 Billion | $5.27 Million/day | $- | $123.00 Million | ▼ -14 days |
| 1998 | 506 days | $2.45 Billion | $4.84 Million/day | $- | $130.00 Million | ▲ +165 days |
| 1997 | 340 days | $1.74 Billion | $5.12 Million/day | $- | $- | ▼ -93 days |
| 1996 | 433 days | $1.35 Billion | $3.11 Million/day | $- | $- | ▲ +153 days |
| 1995 | 280 days | $1.04 Billion | $3.72 Million/day | $- | $- | ▲ +154 days |
| 1994 | 126 days | $565.00 Million | $4.49 Million/day | $- | $- | ▲ +27 days |
| 1993 | 99 days | $445.00 Million | $4.49 Million/day | $- | $- | ▼ -79 days |
| 1992 | 178 days | $445.00 Million | $2.50 Million/day | $- | $- | ▼ -73 days |
| 1991 | 251 days | $600.00 Million | $2.39 Million/day | $- | $- | ▼ -97 days |
| 1990 | 347 days | $566.00 Million | $1.63 Million/day | $- | $- | ▲ +37 days |
| 1989 | 310 days | $583.00 Million | $1.88 Million/day | $- | $- | ▼ -103 days |
| 1988 | 413 days | $625.00 Million | $1.51 Million/day | $- | $- | ▼ -65 days |
| 1987 | 478 days | $726.00 Million | $1.52 Million/day | $- | $- | ▲ +56 days |
| 1986 | 422 days | $670.00 Million | $1.59 Million/day | $- | $- | ▲ +11 days |
| 1985 | 412 days | $669.00 Million | $1.62 Million/day | $- | $- | — |