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Tenet HealthcareMIL:1THC 48 Current Ratio is 1.41 as of Jun. 2026, which is 4% above its 10-year median of 1.36. GuruFocus rates MIL:1THC with a GF Score™ of 48/100 and a GF Value™ of €159.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 679 Healthcare Providers & Services companies, Tenet Healthcare ranks worse than 53.61% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Tenet Healthcare's current ratio for the quarter that ended in Jun. 2026 was 1.41.
Tenet Healthcare has a current ratio of 1.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tenet Healthcare's Current Ratio or its related term are showing as below:
MIL:1THC'
s Current Ratio Range Over the Past 10 Years
Min: 1.06 Med: 1.36 Max: 1.78
Current: 1.41
During the past 13 years, Tenet Healthcare's highest Current Ratio was 1.78. The lowest was 1.06. And the median was 1.36.
MIL:1THC's Current Ratio is ranked worse than 53.61% of 679
companies
in the Healthcare Providers & Services industry
Industry Median: 1.47
vs MIL:1THC: 1.41
Tenet Healthcare (MIL:1THC) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Tenet Healthcare Current Ratio Related Terms
Tenet Healthcare Current Ratio Historical Data
* Premium members only.
The historical data trend for Tenet Healthcare's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIL:1THC vs DVA, EHC, ENSG: Current Ratio Comparison
For the Medical Care Facilities subindustry, Tenet Healthcare's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tenet Healthcare Current Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's Current Ratio distribution charts can be found below:
* The bar in red indicates where Tenet Healthcare's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tenet Healthcare (MIL:1THC) has a Current Ratio of 1.41 as of Jun. 2026. This is near median its historical median of 1.36. Over the past decade, Tenet Healthcare's Current Ratio has ranged from 1.06 to 1.78. According to the industry distribution chart, Tenet Healthcare ranks #364 out of 679 companies in the Healthcare Providers & Services industry, placing it in the top 53.6%.
Is Tenet Healthcare's Current Ratio too high?
Tenet Healthcare's current Current Ratio of 1.41 is near median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.78. The Healthcare Providers & Services industry median Current Ratio is 1.47. Tenet Healthcare's value of 1.41 is 4.1% below this industry median. Based on the distribution chart, Tenet Healthcare ranks #364 out of 679 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Tenet Healthcare has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Current Ratio compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #364 out of 679 companies for Current Ratio. This places Tenet Healthcare in the lower half of its industry. The industry median Current Ratio is 1.47. Tenet Healthcare's value of 1.41 is 4.1% below this benchmark. Historically, Tenet Healthcare's own Current Ratio has ranged from 1.06 to 1.78 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.47, Tenet Healthcare has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.47, based on 679 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenet Healthcare's current Current Ratio of 1.41 is 4.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current Current Ratio is 1.41, which is near median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Tenet Healthcare (MIL:1THC) is currently considered Significantly Overvalued. The stock's GF Value™ is €159.76, compared to a current price of €222.00 — trading 39% above its estimated fair value. The current Current Ratio is 1.41, which is near median its 10-year median of 1.36 and 4.1% below the Healthcare Providers & Services industry median of 1.47. Tenet Healthcare's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Tenet Healthcare (MIL:1THC), the current Current Ratio is 1.41 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tenet Healthcare (MIL:1THC) Overvalued in 2026?
Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued.
The current stock price of €222.00 is trading 39% above its estimated GF Value™ of €159.76.
GuruFocus considers Tenet Healthcare to be Significantly Overvalued.
Key valuation signals for MIL:1THC:
Current Ratio: 1.41 (near median its 10-year median of 1.36)
GF Value™: €159.76 vs. price of €222.00 (39% above fair value)
Industry Position: 4.1% below the Healthcare Providers & Services median (#364 of 679)
No single metric tells the full story. See the MIL:1THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
48GF Score
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