DocGo (DCGOW) Debt-to-Equity: 0.22 (As of Mar. 2026) — 29% Above Median

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DCGOW DocGo Inc DCGOW
62 GF Score
Price $1.96
! 5 Warning Signs
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What is DocGo Debt-to-Equity?

DocGo DCGOW 62 Debt-to-Equity is 0.22 as of Mar. 2026, which is 29% above its 10-year median of 0.17. GuruFocus rates DCGOW with a GF Score™ of 62/100. The stock has 5 warning signs investors should review. Among 558 Healthcare Providers & Services companies, DocGo ranks better than 67.56% on this metric.

DocGo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $10.18 Mil. DocGo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $18.32 Mil. DocGo's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $132.31 Mil. DocGo's debt to equity for the quarter that ended in Mar. 2026 was 0.22.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

DCGOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.17   Max: 0.43
Current: 0.22

During the past 7 years, the highest Debt-to-Equity Ratio of DocGo was 0.43. The lowest was 0.06. And the median was 0.17.

DCGOW's Debt-to-Equity is ranked better than
67.56% of 558 companies
in the Healthcare Providers & Services industry
Industry Median: 0.42 vs DCGOW: 0.22

DocGo  (NAS:DCGOW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


DocGo Debt-to-Equity Related Terms


DocGo Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for DocGo's Debt-to-Equity 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.

DocGo Debt-to-Equity Chart

DocGo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.08 0.07 0.16 0.18 0.20

DocGo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.20 0.11 0.20 0.22

DCGOW vs BTMD, PIII, PARK: Debt-to-Equity Comparison

For the Medical Care Facilities subindustry, DocGo's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Healthcare Providers & Services Industry

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

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


DCGOW
62GF Score
DocGo Inc DCGOW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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DocGo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DocGo's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

DocGo's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.22 mean?
DocGo (DCGOW) has a Debt-to-Equity of 0.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DocGo and its competitors. This is 29% above median its historical median of 0.17. Over the past decade, DocGo's Debt-to-Equity has ranged from 0.06 to 0.43. According to the industry distribution chart, DocGo ranks #181 out of 558 companies in the Healthcare Providers & Services industry, placing it in the top 32.4%.
Is DocGo's Debt-to-Equity too high?
DocGo's current Debt-to-Equity of 0.22 is 29% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.43. The Healthcare Providers & Services industry median Debt-to-Equity is 0.42. DocGo's value of 0.22 is 47.6% below this industry median. Based on the distribution chart, DocGo ranks #181 out of 558 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, DocGo has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does DocGo's Debt-to-Equity compare to BTMD and PIII?
According to the Healthcare Providers & Services industry distribution chart, DocGo ranks #181 out of 558 companies for Debt-to-Equity. This puts DocGo in the upper half of its industry. The industry median Debt-to-Equity is 0.42. DocGo's value of 0.22 is 47.6% below this benchmark. Historically, DocGo's own Debt-to-Equity has ranged from 0.06 to 0.43 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.42, DocGo has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.42, based on 558 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DocGo's current Debt-to-Equity of 0.22 is 47.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DocGo and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DocGo's current Debt-to-Equity is 0.22, which is 29% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DocGo stock overvalued right now?
DocGo (DCGOW) has a current Debt-to-Equity of 0.22. The current Debt-to-Equity is 0.22, which is 29% above median its 10-year median of 0.17 and 47.6% below the Healthcare Providers & Services industry median of 0.42. DocGo's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For DocGo (DCGOW), the current Debt-to-Equity is 0.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DocGo Business Description

Other Exchanges DCGO:USA
Address 685 Third Avenue, 9th Floor, New York, NY, USA, 10017
DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. The company uses its care delivery platform to provide mobile health services, virtual care management, and ambulance services. It has two reporting segments: Mobile Health Services and Transportation Services. A majority of its revenue is generated from the Mobile Health Services segment, which includes various healthcare services performed at homes, offices, and other locations and event services such as on-site healthcare support at sporting events and concerts. Geographically, the company generates a majority of its revenue from the United States and the rest from the United Kingdom.
62GF Score

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$1.96
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