• Tenet Healthcare average quick ratio for 2023 was 1.35, a 6.3% increase from 2022.
• Tenet Healthcare average quick ratio for 2022 was 1.27, a 2.31% increase from 2021.
• Tenet Healthcare average quick ratio for 2021 was 1.3, a 1.52% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.