Is DocGo Inc. (DCGO) Halal?

NASDAQ Healthcare United States $57M
✗ NOT HALAL
Confidence: 90/100
DocGo Inc. (DCGO) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 87.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. DocGo Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 87.0%
/ 30%
135.8%
/ 30%
320.9%
/ 30%
0.16%
/ 5%
✗ NOT HALAL
DJIM 87.0%
/ 33%
135.8%
/ 33%
320.9%
/ 33%
0.16%
/ 5%
✗ NOT HALAL
MSCI 12.6%
/ 33%
19.6%
/ 33%
46.3%
/ 33%
0.16%
/ 5%
✗ NOT HALAL
S&P 87.0%
/ 33%
135.8%
/ 33%
320.9%
/ 33%
0.16%
/ 5%
✗ NOT HALAL
FTSE 12.6%
/ 33%
19.6%
/ 33%
46.3%
/ 50%
0.16%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-1.84
P/B Ratio
0.4
EV/EBITDA
-0.2
EV: $17M
Revenue
$322M
Growth: -38.0%
Beta
1.0
Average volatility
Current Ratio
2.3

Profitability

Gross Margin 30.7%
Operating Margin -43.3%
Net Margin -56.6%
Return on Equity (ROE) -89.0%
Return on Assets (ROA) -16.6%

Cash Flow & Balance Sheet

Operating Cash Flow$34M
Free Cash Flow$27M
Total Debt$29M
Debt-to-Equity23.2
Current Ratio2.3
Total Assets$217M

Price & Trading

Last Close$0.60
50-Day MA$0.73
200-Day MA$1.15
Avg Volume852K
Beta1.0
52-Week Range
$0.56
$2.77

About DocGo Inc. (DCGO)

CEO
Mr. Lee Bienstock
Employees
2,537
Website
Sector
Healthcare
Industry
Medical Care Facilities
Country
United States
Exchange
NASDAQ
Market Cap
$57M
Currency
USD

DocGo Inc. operates as a mobile healthcare services company in the United States and the United Kingdom. It operates through Mobile Health Services and Transportation Services segments. The company offers transportation services comprising emergency response services; and non-emergency transport services, such as ambulance and wheelchair transportation services. It also provides mobile health services through its care delivery platform that are performed at home, offices, and other locations comprising mobile urgent care, exams, vaccinations, monitoring and care management, procedures, point-of-care tests, and screenings and coaching; event services, including on-site healthcare support at sporting events and concerts; virtual care management; and remote patient monitoring and chronic disease management services. The company serves municipalities, hospitals and health systems, states and communities, insurers, physician practices, health plans, and businesses and employees. DocGo Inc. was founded in 2015 and is headquartered in New York, New York.

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Frequently Asked Questions

Is DocGo Inc. (DCGO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DocGo Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DocGo Inc.'s debt ratio?

DocGo Inc.'s debt ratio is 87.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 12.6%.

What are DocGo Inc.'s key financial metrics?

DocGo Inc. has a market capitalization of $57M, and revenue of $322M. The company maintains a gross margin of 30.7% and a net margin of -56.6%. Return on equity stands at -89.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.