• Tenet Healthcare average debt/equity ratio for 2024 was 2.43, a 54.15% decline from 2023.
• Tenet Healthcare average debt/equity ratio for 2023 was 5.3, a 19.33% decline from 2022.
• Tenet Healthcare average debt/equity ratio for 2022 was 6.57, a 40.11% decline from 2021.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.