Tenet Healthcare (MEX:THC) Quick Ratio: 1.30 (As of Mar. 2026) — Near Median


MEX:THC Tenet Healthcare Corp MEX:THC
77 GF Score
Price MXN3,547.50
GF Value MXN3,119.34
! 2 Warning Signs
View Full Analysis

What is Tenet Healthcare Quick Ratio?

Tenet Healthcare MEX:THC 77 Quick Ratio is 1.30 as of Mar. 2026, which is 2% above its 10-year median of 1.28. GuruFocus rates MEX:THC with a GF Score™ of 77/100 and a GF Value™ of MXN3,119.34. The stock has 2 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Tenet Healthcare ranks worse than 50.59% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Tenet Healthcare's quick ratio for the quarter that ended in Mar. 2026 was 1.30.

Tenet Healthcare has a quick ratio of 1.30. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tenet Healthcare's Quick Ratio or its related term are showing as below:

MEX:THC' s Quick Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.28   Max: 1.7
Current: 1.3

During the past 13 years, Tenet Healthcare's highest Quick Ratio was 1.70. The lowest was 0.99. And the median was 1.28.

MEX:THC's Quick Ratio is ranked worse than
50.59% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs MEX:THC: 1.30

Tenet Healthcare  (MEX:THC) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Tenet Healthcare Quick Ratio Related Terms


Tenet Healthcare Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tenet Healthcare's Quick 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.

Tenet Healthcare Quick Ratio Chart

Tenet Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.25 1.42 1.70 1.68

Tenet Healthcare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 1.63 1.64 1.68 1.30

MEX:THC vs DVA, EHC, ENSG: Quick Ratio Comparison

For the Medical Care Facilities subindustry, Tenet Healthcare's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tenet Healthcare's Quick Ratio falls into.


MEX:THC
77GF Score
Tenet Healthcare Corp MEX:THC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenet Healthcare Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Tenet Healthcare's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(141326.739-6265.984)/80359.439
=1.68

Tenet Healthcare's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(150681.241-6185.216)/110937.17
=1.30

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.30 mean?
Tenet Healthcare (MEX:THC) has a Quick Ratio of 1.30 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tenet Healthcare and its competitors. This is near median its historical median of 1.28. Over the past decade, Tenet Healthcare's Quick Ratio has ranged from 0.99 to 1.70. According to the industry distribution chart, Tenet Healthcare ranks #344 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 50.6%.
Is Tenet Healthcare's Quick Ratio too high?
Tenet Healthcare's current Quick Ratio of 1.30 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.70. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Tenet Healthcare's value of 1.30 is 1.5% below this industry median. Based on the distribution chart, Tenet Healthcare ranks #344 out of 680 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Tenet Healthcare has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Quick Ratio compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #344 out of 680 companies for Quick Ratio. This places Tenet Healthcare in the lower half of its industry. The industry median Quick Ratio is 1.32. Tenet Healthcare's value of 1.30 is 1.5% below this benchmark. Historically, Tenet Healthcare's own Quick Ratio has ranged from 0.99 to 1.70 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.32, 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 Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenet Healthcare's current Quick Ratio of 1.30 is 1.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tenet Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current Quick Ratio is 1.30, which is near median its own 10-year median of 1.28. 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?
Tenet Healthcare (MEX:THC) has a current Quick Ratio of 1.30. The stock's GF Value™ is MXN3,119.34, compared to a current price of MXN3,547.50 — trading 13.7% above its estimated fair value. The current Quick Ratio is 1.30, which is near median its 10-year median of 1.28 and 1.5% below the Healthcare Providers & Services industry median of 1.32. Tenet Healthcare's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Tenet Healthcare (MEX:THC), the current Quick Ratio is 1.30 as of Mar. 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 (MEX:THC) Overvalued in 2026?

Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued. The current stock price of MXN3,547.50 is trading 13.7% above its estimated GF Value™ of MXN3,119.34.

Key valuation signals for MEX:THC:

  • Quick Ratio: 1.30 (near median its 10-year median of 1.28)
  • GF Value™: MXN3,119.34 vs. price of MXN3,547.50 (13.7% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 1.5% below the Healthcare Providers & Services median (#344 of 680)

No single metric tells the full story. See the MEX:THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenet Healthcare Business Description

Address 14201 Dallas Parkway, Dallas, TX, USA, 75254
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.
77GF Score

Get the complete analysis for MEX:THC

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,547.50
Price
MXN3,119.34
GF Value