What does ambulatory care — capital expenditure mean?

Spending on physical assets and infrastructure for the ambulatory care segment.

How do you interpret ambulatory care — capital expenditure?

Higher spending indicates investment in growth or facility modernization, while lower spending may indicate cost-cutting or a mature asset base.

How does ambulatory care — capital expenditure compare across companies?

Standard metric for all capital-intensive businesses to track reinvestment rates.

Tenet Healthcare THC Ambulatory Care — Capital Expenditure

Discontinued — last reported Q3 '19

Similar metrics at other companies

EHCHome Health and Hospice — CapEx

$2.6M+18.2%

EHCInpatient Rehabilitation Segment — CapEx

$117.5M-2.4%

FTVAdvanced Healthcare Solutions — Capital expenditures, gross

$4.25M+166%

AHRHospitals — CapEx

$1K—

EHCInpatient Rehabilitation — Payments To Acquire Productive Assets

$117.5M-2.4%

AHROutpatient Medical — Capital Expenditures Incurred

——

Other financials

Income statement

See full

Revenue$5.4B+2.8%

Operating income$1.3B+37.4%

Net income$906.0M+45.7%

EPS (diluted)$8.01+87.6%

Balance sheet

See full

Cash & equivalents$3.0B-1.1%

Total debt$13.3B+0.2%

Total equity$4.8B+15.1%

Total assets$31.2B+6.7%

Cash flow

See full

Operating cash flow$1.6B+101%

CapEx$180.0M+4.0%

Free cash flow$1.5B+128%

Valuation

See full

Market cap$14.86B—

Enterprise value$25.19B—

P/E5.6×—

P/S0.7×—

Profitability

See full

Operating margin18%+0.4pp

Net margin12.4%+0.9pp

FCF margin15.6%—

Returns & leverage

See full

Return on equity58.9%-2.7pp

Debt / equity2.8×-0.4×

Current ratio1.4×-0.4×

Where this comes from

Reported directly by Tenet Healthcare in its filing.

Tagged under the XBRL concept thc:CapitalExpenditure.

The official record: Tenet Healthcare’s 10-Q, filed November 4, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does ambulatory care — capital expenditure mean?: Spending on physical assets and infrastructure for the ambulatory care segment.
How do you interpret ambulatory care — capital expenditure?: Higher spending indicates investment in growth or facility modernization, while lower spending may indicate cost-cutting or a mature asset base.
How does ambulatory care — capital expenditure compare across companies?: Standard metric for all capital-intensive businesses to track reinvestment rates.