DocGo Balance Sheet Health
Financial Health criteria checks 5/6
DocGo has a total shareholder equity of $324.9M and total debt of $30.0M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are $493.9M and $169.0M respectively. DocGo's EBIT is $48.1M making its interest coverage ratio 30.4. It has cash and short-term investments of $89.5M.
Key information
9.2%
Debt to equity ratio
US$30.05m
Debt
| Interest coverage ratio | 30.4x |
| Cash | US$89.46m |
| Equity | US$324.90m |
| Total liabilities | US$168.98m |
| Total assets | US$493.88m |
Recent financial health updates
These 4 Measures Indicate That DocGo (NASDAQ:DCGO) Is Using Debt Safely
Jun 11
Does DocGo (NASDAQ:DCGO) Have A Healthy Balance Sheet?
Feb 13Recent updates
DocGo Inc. (NASDAQ:DCGO) Doing What It Can To Lift Shares
Aug 05At US$3.40, Is DocGo Inc. (NASDAQ:DCGO) Worth Looking At Closely?
Jul 17These 4 Measures Indicate That DocGo (NASDAQ:DCGO) Is Using Debt Safely
Jun 11DocGo: Upside Remains Attractive After Share Price Decline
Mar 20Does DocGo (NASDAQ:DCGO) Have A Healthy Balance Sheet?
Feb 13DocGo: Good Performance, Trust Issues
Feb 05Why DocGo Inc. (NASDAQ:DCGO) Could Be Worth Watching
Jan 25Fewer Investors Than Expected Jumping On DocGo Inc. (NASDAQ:DCGO)
Jan 04New Forecasts: Here's What Analysts Think The Future Holds For DocGo Inc. (NASDAQ:DCGO)
Nov 08Is Now The Time To Look At Buying DocGo Inc. (NASDAQ:DCGO)?
Jun 07DocGo Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
May 10DocGo Inc.'s (NASDAQ:DCGO) Price In Tune With Earnings
Apr 07DocGo's UK subsidiary Ambulnz Community Partners secures three new contracts
Sep 20DocGo: 'Last Mile' Care More Palatable To The Public Than Telemedicine
Aug 31Financial Position Analysis
Short Term Liabilities: DCGO's short term assets ($328.3M) exceed its short term liabilities ($150.2M).
Long Term Liabilities: DCGO's short term assets ($328.3M) exceed its long term liabilities ($18.7M).
Debt to Equity History and Analysis
Debt Level: DCGO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DCGO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DCGO's debt is well covered by operating cash flow (171.5%).
Interest Coverage: DCGO's interest payments on its debt are well covered by EBIT (30.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:50 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DocGo Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sarah James | Barclays |
| David Larsen | BTIG |
| Richard Close | Canaccord Genuity |