Tenet Healthcare Corporation (THC) — Defensive Interval Ratio

Latest as of March 2026: 155 days

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. Check THC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

155 days
Days of operational coverage

Defensive Assets

$2.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$16.85 Million
Current Liabilities ÷ 365

Current Liabilities

$6.15 Billion
USD

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. Also explore Tenet Healthcare Corporation (THC) net asset momentum to track the company's year-over-year net asset growth rate.

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 market cap.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)