DocGo Inc
DocGo Inc. provides mobile health and medical transportation services in the United States and the United Kingdom. The company offers transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services. It also provides mobile health services through its platform that are performed at home, offices, and other … Read more
DocGo Inc (DCGO) - Net Assets
Latest net assets as of September 2025: $260.66 Million USD
Based on the latest financial reports, DocGo Inc (DCGO) has net assets worth $260.66 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($353.78 Million) and total liabilities ($93.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $260.66 Million |
| % of Total Assets | 73.68% |
| Annual Growth Rate | 31.75% |
| 5-Year Change | 370.79% |
| 10-Year Change | N/A |
| Growth Volatility | 94.49 |
DocGo Inc - Net Assets Trend (2019–2024)
This chart illustrates how DocGo Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DocGo Inc (2019–2024)
The table below shows the annual net assets of DocGo Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $315.18 Million | +3.28% |
| 2023-12-31 | $305.17 Million | +9.41% |
| 2022-12-31 | $278.93 Million | +22.84% |
| 2021-12-31 | $227.06 Million | +239.16% |
| 2020-12-31 | $66.95 Million | -15.64% |
| 2019-12-31 | $79.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DocGo Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7153836100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.19K | 0.00% |
| Other Comprehensive Income | $1.22 Million | 0.38% |
| Other Components | $321.09 Million | 100.05% |
| Total Equity | $320.92 Million | 100.00% |
DocGo Inc Competitors by Market Cap
The table below lists competitors of DocGo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nelly Group AB
ST:NELLY
|
$65.74 Million |
|
Bharat Rasayan Limited
NSE:BHARATRAS
|
$65.75 Million |
|
Formosa Pharmaceuticals, Inc.
TW:6838
|
$65.78 Million |
|
Komelon Corporation
KQ:049430
|
$65.79 Million |
|
ERBUD S.A. INH. ZY-10
F:9DP
|
$65.71 Million |
|
PENNEO A/S DK 002
F:4ZD
|
$65.69 Million |
|
7 Eleven Malaysia Holdings Bhd
KLSE:5250
|
$65.66 Million |
|
TRESTATES
AT:TRESTATES
|
$65.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DocGo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 300,794,867 to 320,917,476, a change of 20,122,609 (6.7%).
- Net income of 19,992,143 contributed positively to equity growth.
- Dividend payments of 1,294,422,000,000 reduced retained earnings.
- Share repurchases of 13,756,271 reduced equity.
- Other comprehensive income decreased equity by 263,036.
- Other factors increased equity by 1,294,436,149,773.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.99 Million | +6.23% |
| Dividends Paid | $1.29 Trillion | -403350.42% |
| Share Repurchases | $13.76 Million | -4.29% |
| Other Comprehensive Income | $-263.04K | -0.08% |
| Other Changes | $1.29 Trillion | +403354.83% |
| Total Change | $- | 6.69% |
Book Value vs Market Value Analysis
This analysis compares DocGo Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.14x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.68 | $0.78 | x |
| 2020-12-31 | $0.55 | $0.78 | x |
| 2021-12-31 | $2.31 | $0.78 | x |
| 2022-12-31 | $2.65 | $0.78 | x |
| 2023-12-31 | $2.85 | $0.78 | x |
| 2024-12-31 | $2.93 | $0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DocGo Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.24%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.42x
- Recent ROE (6.23%) is above the historical average (-3.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -29.51% | -41.84% | 0.48x | 1.47x | $-27.06 Million |
| 2020 | -26.11% | -15.26% | 0.94x | 1.82x | $-19.86 Million |
| 2021 | 10.81% | 7.45% | 1.03x | 1.41x | $1.79 Million |
| 2022 | 12.66% | 7.85% | 1.12x | 1.44x | $7.26 Million |
| 2023 | 2.28% | 1.10% | 1.27x | 1.63x | $-23.22 Million |
| 2024 | 6.23% | 3.24% | 1.35x | 1.42x | $-12.10 Million |
Industry Comparison
This section compares DocGo Inc's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DocGo Inc (DCGO) | $260.66 Million | -29.51% | 0.36x | $65.72 Million |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |