DocGo Balance Sheet Health
Financial Health criteria checks 4/6
DocGo has a total shareholder equity of $315.1M and total debt of $30.1M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are $490.7M and $175.6M respectively. DocGo's EBIT is $38.1M making its interest coverage ratio -125.2. It has cash and short-term investments of $41.2M.
Key information
9.5%
Debt to equity ratio
US$30.06m
Debt
| Interest coverage ratio | -125.2x |
| Cash | US$41.24m |
| Equity | US$315.08m |
| Total liabilities | US$175.61m |
| Total assets | US$490.69m |
Recent financial health updates
Recent updates
DocGo: Upside Remains Attractive After Share Price Decline
Mar 20Does DocGo (NASDAQ:DCGO) Have A Healthy Balance Sheet?
Feb 13
DocGo: 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 31DocGo's (NASDAQ:DCGO) Earnings Are Of Questionable Quality
Mar 23DocGo: An Undervalued, Potential Disruptor Of Telehealth
Feb 01An Intrinsic Calculation For DocGo Inc. (NASDAQ:DCGO) Suggests It's 20% Undervalued
Jan 25DocGo: Going The Last Mile To Connect Care With Telemedicine
Jan 05Financial Position Analysis
Short Term Liabilities: DCGO's short term assets ($335.1M) exceed its short term liabilities ($160.1M).
Long Term Liabilities: DCGO's short term assets ($335.1M) exceed its long term liabilities ($15.5M).
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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DCGO earns more interest than it pays, so coverage of interest payments is not a concern.