DocGo (DCGO) Cash-to-Debt : 0.79 (As of Mar. 2024)

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What is DocGo Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. DocGo's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.79.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, DocGo couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for DocGo's Cash-to-Debt or its related term are showing as below:

DCGO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.79 Med: 4.19 Max: 13.53
Current: 0.79

During the past 5 years, DocGo's highest Cash to Debt Ratio was 13.53. The lowest was 0.79. And the median was 4.19.

DCGO's Cash-to-Debt is ranked better than
53.4% of 661 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs DCGO: 0.79

DocGo Cash-to-Debt Historical Data

The historical data trend for DocGo's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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DocGo Cash-to-Debt Chart

DocGo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

3.07

2.33

10.63

7.90

1.28

DocGo Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial												5.88	5.31	2.50	1.28	0.79

Competitive Comparison of DocGo's Cash-to-Debt

For the Medical Care Facilities subindustry, DocGo's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DocGo's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DocGo's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where DocGo's Cash-to-Debt falls into.

DocGo Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

DocGo's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	59.286	/	(31.335	+	15.162)
	=	1.28

DocGo's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	41.244	/	(36.729	+	15.473)
	=	0.79

DocGo (NAS:DCGO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

DocGo Cash-to-Debt Related Terms

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DocGo (DCGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » DocGo Inc (NAS:DCGO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 West 35th Street, Floor 6, New York, NY, USA, 10001

Website

https://www.docgo.com

DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. DocGo is disrupting the traditional four-wall healthcare system by providing care at the scale of humanity. Its technology and dedicated field staff of certified health professionals elevate the quality of patient care and drive business efficiencies for facilities, hospital networks, and health insurance providers. With Mobile Health, DocGo empowers the full promise and potential of telehealth by facilitating healthcare treatment, in tandem with a remote physician, in the comfort of a patient's home or workplace.

Executives

Stephen Sugrue	officer: Chief Compliance Officer	35 WEST 35TH STREET, FLOOR 6, NEW YORK NY 10001
Lee Bienstock	officer: Chief Operating Officer	35 WEST 35TH STREET, FLOOR 6, NEW YORK NY 10001
Ely D Tendler	director, officer: General Counsel, Secretary	STRATEGIC AND LEGAL SERVICES, PLLC, 54 LAWRENCE AVENUE, LAWRENCE NY 11559
Anthony Capone	officer: President	106 DUANE ST., #3, NEW YORK NY 10007
Adriaan Stephanus Oberholzer	officer: Chief Financial Officer	35 W 35TH STREET, 6TH FLOOR, NEW YORK NY 10001
James M Travers	director	C/O FLEETMATICS, 1100 WINTER STREET, 4TH FL, WALTHAM MA 02451
Etalvina Leite	director	5477 VIA NICOLA, NEWBURY PARK CA 91320
Michael J Burdiek	director	39 PARKER, IRVINE CA 92618
Ira Smedra	director	401 N. JUNE STREET, LOS ANGELES CA 90004
Mark Do Merlin	officer: CMO, Ambulnz Holdings, LLC	35 W 35TH STREET, NEW YORK NY 10001
Michael S. Witkowski	officer: Chief Compliance Officer	PO BOX 10482, NEWBURGH NY 12552
Christopher Fillo	director	3110 MAIN STREET, SUITE 310, SANTA MONICA CA 90405
Norman Rosenberg	officer: CFO, Ambulnz Holdings, LLC	51 MOUNTAIN AVENUE, MONSEY NY 10952
Stanley Vashovsky	director, 10 percent owner, officer: Chief Executive Officer	763 RALEIGH STREET, WOODMERE NY 11598
Steven Katz	director	20 REBEL RUN DR, EAST BRUNSWICK NJ 08816