Edward Kangas - Tenet Healthcare Independent Chairman of the Board


USD 44.88  0.47  1.04%   

Mr. Edward A. Kangas is Independent Director of the Company. Kangas served as Global Chairman and Chief Executive Officer of Deloitte Touche Tohmatsu, an international public accounting and consulting firm, from 1989 until his retirement in 2000. He also served as the managing partner of Deloitte Touche from 1989 to 1994. He was elected managing partner and Chief Executive Officer of Touche Ross in 1985, a position he held through 1989. Mr. Kangas began his career as a staff accountant at Touche Ross in 1967, where he became a partner in 1975
Age: 73  Chairman Since 2016  MBA    
469-893-2200  https://www.tenethealth.com
Kangas holds a bachelor’s degree in business administration and an M.B.A. from the University of Kansas.

Tenet Healthcare Management Efficiency

Tenet Healthcare has Return on Asset of 0.0593 % which means that on every $100 spent on asset, it made $0.0593 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 57.0261 %, implying that it generated $57.0261 on every 100 dollars invested. Tenet Healthcare management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Investment is expected to grow to 19.11. The current year Return on Average Assets is expected to grow to 3.61. Tenet Healthcare Assets Non Current are projected to increase significantly based on the last few years of reporting. The past year's Assets Non Current were at 17.5 Billion. The current year Goodwill and Intangible Assets is expected to grow to about 9 B, whereas Total Assets are forecasted to decline to about 22.7 B.
The company has 15.51 B in debt with debt to equity (D/E) ratio of 3.3, meaning that the company heavily relies on borrowing funds for operations. Tenet Healthcare has a current ratio of 1.37, which is typical for the industry and considered as normal. Debt can assist Tenet Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Tenet Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tenet Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tenet to invest in growth at high rates of return. When we think about Tenet Healthcare's use of debt, we should always consider it together with cash and equity.

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Tenet Healthcare Corporation operates as a diversified healthcare services company. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas. Tenet Healthcare operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 76836 people. Tenet Healthcare (THC) is traded on New York Stock Exchange in USA and employs 76,836 people. Tenet Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification.

Tenet Healthcare Leadership Team

Elected by the shareholders, the Tenet Healthcare's board of directors comprises two types of representatives: Tenet Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tenet. The board's role is to monitor Tenet Healthcare's management team and ensure that shareholders' interests are well served. Tenet Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tenet Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ernest Franklin, Chief Medical Operations Officer
Meghan FitzGerald, Independent Director
Bill Durham, Chief Network
Tim Adams, Senior Vice President - Operations and Integration
Christopher Lynch, Independent Director
Cecil Haney, Independent Director
Richard Pettingill, Independent Director
Nadja West, Independent Director
Richard Fisher, Independent Director
Paola Arbour, Executive Vice President, Chief Information Officer
William III, VP Relations
Britt Reynolds, President of Hospital Operations
Howard Hacker, Executive Vice President, Chief Compliance Officer
Lloyd Austin, Independent Director
Trevor Fetter, Chairman, CEO and President and Member of Executive Committee
Richard Mark, Independent Director
J Kerrey, Lead Independent Director
Lisa Foo, Executive Vice President - Commercial Operations
Karen Garrison, Independent Director
Peter Wilver, Independent Director
Tammy Romo, Independent Director
James Unruh, Independent Director
Robert Kerrey, Independent Director
Brenda Gaines, Independent Director
Randolph Simpson, Independent Director
Freda LewisHall, Independent Director
Robert Webb, Chief Human Resource Officer, Senior Vice President
Matthew Ripperger, Independent Director
Saumya Sutaria, President, Chief Executive Officer, Chief Operating Officer, Director
Michael Maloney, Exec Devel
John Byrnes, Independent Director
Regina Nethery, Vice President of Investor Relations
Keith Pitts, Vice Chairman
Edward Kangas, Independent Chairman of the Board
James Bierman, Independent Director
Thomas Arnst, Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary
Daniel Cancelmi, Chief Financial Officer, Executive Vice President
Saumya MD, CEO and President
Sandra Karrmann, Chief Human Resource Officer, Executive Vice President
Audrey Andrews, Executive Vice President, General Counsel, Corporate Secretary
Ronald Rittenmeyer, Executive Chairman of the Board, Chief Executive Officer
Marie Quintana, Executive Vice President - Communications, Chief Marketing Officer
Eric Evans, President - Hospital Operations
Jana Durfee, VP Officer
Brendan Strong, Chief Financial Officer
Clint Hailey, Chief VP

Tenet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tenet Healthcare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Our tools can tell you how much better you can do entering a position in Tenet Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at World Market Map. Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Tenet Healthcare price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tenet Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Tenet Healthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.