What is the level of liabilities of DocGo this year?
DocGo has a debt balance of 189.66 M USD this year.
DocGo Liabilities 2024
DocGo Liabilities
189.66 M USD
Ticker
DCGO
ISIN
US2560861096
In 2024, DocGo's total liabilities amounted to 189.66 M USD, a 58.05% difference from the 120 M USD total liabilities in the previous year.
DocGo Aktienanalyse
What does DocGo do?
The history of DocGo Inc began in 2014 when the idea was born to develop a mobile app for doctor appointment scheduling and health monitoring. The founders recognized a rising demand for faster and more convenient access to medical services. From this vision, DocGo Inc was created. DocGo Inc's business model includes a range of mobile applications that improve access to medical care. The main application is DocGo, which allows users to book doctor appointments and track and manage their health data. This app also offers a feature for monitoring chronic conditions such as diabetes or high blood pressure and automatically sends reports on the status of these conditions to the user's doctor. Another important product from DocGo is the telemedicine system, which allows users to receive early assessments and diagnoses from doctors through video and chat. This helps avoid many cases where patients need to physically visit a doctor, saving time and money. DocGo has also developed a mobile pharmacy app that allows patients to order their medications directly through the app and have them delivered to their homes. This app also has interactive features such as a reminder function that notifies the user when to take their medications. Another important aspect of DocGo is its integration with wearables, which allows users to measure and send their health data to the app in real time. DocGo also utilizes artificial intelligence and machine learning to identify health risks in users and provide recommendations for medications and treatments. In recent years, DocGo has expanded in various areas. The company has formed partnerships with major healthcare organizations and hospitals to create a broader network of care. DocGo has also developed an API that allows other companies to integrate their health data into the DocGo system. Overall, DocGo has made a significant contribution to improving access to medical care, particularly during the COVID-19 pandemic. By providing telemedicine and mobile pharmacy services, as well as managing health data, DocGo has helped democratize and enhance healthcare. DocGo ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing DocGo's Liabilities
DocGo's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating DocGo's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing DocGo's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
DocGo's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in DocGo’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about DocGo stock
What were the liabilities of DocGo compared to the previous year?
The liabilities of DocGo have increased by 58.05% increased compared to the previous year.
What are the consequences of high debt for investors of DocGo?
High liabilities can pose a risk for investors of DocGo, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in DocGo?
Low liabilities mean that DocGo has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of DocGo affect the company?
An increase in liabilities of DocGo can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of DocGo affect the company?
A decrease in the liabilities of DocGo can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of DocGo?
Some factors that can influence the liabilities of DocGo include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of DocGo so important for investors?
The liabilities of DocGo are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can DocGo take to modify the liabilities?
To change its liabilities, DocGo can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does DocGo pay?
Over the past 12 months, DocGo paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, DocGo is expected to pay a dividend of 0 USD.
What is the dividend yield of DocGo?
The current dividend yield of DocGo is .
When does DocGo pay dividends?
DocGo pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of DocGo?
DocGo paid dividends every year for the past 0 years.
What is the dividend of DocGo?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is DocGo located?
DocGo is assigned to the 'Health' sector.
Wann musste ich die Aktien von DocGo kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DocGo from 8/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/25/2024.
When did DocGo pay the last dividend?
The last dividend was paid out on 8/25/2024.
What was the dividend of DocGo in the year 2023?
In the year 2023, DocGo distributed 0 USD as dividends.
In which currency does DocGo pay out the dividend?
The dividends of DocGo are distributed in USD.
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Andere Kennzahlen von DocGo
Our stock analysis for DocGo Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DocGo Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.