What is the ROCE (Return on Capital Employed) of DocGo this year?
The ROCE of DocGo is 0.05 undefined this year.
DocGo ROCE 2024
DocGo ROCE
0.05
Ticker
DCGO
ISIN
US2560861096
In 2024, DocGo's return on capital employed (ROCE) was 0.05, a -56.64% increase from the 0.12 ROCE 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.ROCE Details
Unraveling DocGo's Return on Capital Employed (ROCE)
DocGo's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing DocGo's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
DocGo's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in DocGo’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about DocGo stock
How has the ROCE (Return on Capital Employed) of DocGo developed compared to the previous year?
The ROCE of DocGo has increased by -56.64% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of DocGo?
A high Return on Capital Employed (ROCE) indicates that DocGo has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of DocGo?
A low ROCE (Return on Capital Employed) can indicate that DocGo has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from DocGo impact the company?
An increase in the ROCE of DocGo can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of DocGo affect the company?
A decrease in ROCE of DocGo can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of DocGo?
Some factors that can affect DocGo's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of DocGo so important for investors?
The ROCE of DocGo is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can DocGo take to improve the ROCE?
To improve the ROCE, DocGo can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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.