Doximity Financials

DOCS Stock  USD 48.20  0.20  0.42%   
Based on the key measurements obtained from Doximity's financial statements, Doximity is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Doximity's Good Will is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 36.6 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 25.7 M in 2024. Key indicators impacting Doximity's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.220.3104
Way Down
Slightly volatile
Return On Assets0.170.1367
Fairly Up
Slightly volatile
Return On Equity0.160.1637
Fairly Down
Pretty Stable
Operating Income88.9 M163.9 M
Way Down
Slightly volatile
Current Ratio3.76.1999
Way Down
Slightly volatile
Investors should never underestimate Doximity's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Doximity's cash flow, debt, and profitability to make informed and accurate decisions about investing in Doximity.

Net Income

92.21 Million

  
Understanding current and past Doximity Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Doximity's financial statements are interrelated, with each one affecting the others. For example, an increase in Doximity's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Doximity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Doximity. Check Doximity's Beneish M Score to see the likelihood of Doximity's management manipulating its earnings.

Doximity Stock Summary

Doximity competes with HealthStream, National Research, Forian, HealthEquity, and Health Catalyst. Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California. Doximity Inc operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 887 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS26622P1075
CUSIP26622P107
LocationCalifornia; U.S.A
Business Address500 3rd Street,
SectorHealth Care Technology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.doximity.com
Phone650 549 4330
CurrencyUSD - US Dollar

Doximity Key Financial Ratios

Doximity Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets138.9M251.7M991.4M1.1B1.1B675.6M
Other Current Liab8.0M15.9M23.8M28.0M27.5M25.7M
Other Liab288K1.2M1.0M17.4M20.0M21.0M
Net Debt(46.1M)(65.1M)(111.7M)(142.4M)(82.2M)(86.4M)
Retained Earnings(13.9M)36.3M191.1M217.9M80.0M85.8M
Accounts Payable1.4M1.5M463K1.3M2.3M1.4M
Cash48.4M66.4M112.8M158.0M96.8M94.6M
Net Receivables26.2M50.3M81.1M107.0M101.3M69.9M
Other Current Assets6.9M16.5M25.0M27.4M48.7M51.1M
Total Liab137.8M185.0M112.8M170.8M178.0M150.7M
Total Current Assets123.0M209.4M904.1M975.5M912.9M588.2M
Intangible Assets393K9.6M7.9M31.8M27.3M14.2M
Common Stock68K83K192K194K187K138.8K

Doximity Key Income Statement Accounts

The reason investors look at the income statement is to determine what Doximity's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision(6.2M)7.6M(40.8M)20.3M37.6M39.5M
Net Interest Income1.5M301K2.1M9.3M21.7M22.7M
Interest Income1.5M301K2.1M9.3M21.7M22.7M
Interest Expense1.4M4.5M469K8.0M9.3M9.7M
Total Revenue116.4M206.9M343.5M419.1M475.4M302.0M
Gross Profit101.5M175.7M303.8M365.6M424.8M265.1M
Operating Income22.2M53.3M113.5M125.1M163.9M88.9M
Ebit22.2M57.8M107.3M112.8M185.2M194.5M
Research Development32.4M43.9M62.4M80.2M82.0M60.2M
Ebitda23.1M63.9M113.5M125.1M195.5M205.2M
Cost Of Revenue14.9M31.2M39.8M53.5M50.7M36.8M
Income Before Tax23.5M57.8M114.0M133.2M185.2M95.6M
Net Income29.7M50.2M154.8M112.8M147.6M92.2M
Income Tax Expense(6.2M)7.6M(40.8M)20.3M37.6M39.5M

Doximity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Doximity's current stock value. Our valuation model uses many indicators to compare Doximity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Doximity competition to find correlations between indicators driving Doximity's intrinsic value. More Info.
Doximity is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.62  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Doximity is roughly  1.61 . At this time, Doximity's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Doximity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Doximity Systematic Risk

Doximity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Doximity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Doximity correlated with the market. If Beta is less than 0 Doximity generally moves in the opposite direction as compared to the market. If Doximity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Doximity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Doximity is generally in the same direction as the market. If Beta > 1 Doximity moves generally in the same direction as, but more than the movement of the benchmark.

Doximity Thematic Clasifications

Doximity is part of Business Services investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Business Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Business ServicesView
This theme covers USA Equities from Business Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Doximity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Doximity's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Doximity growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.94

At this time, Doximity's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Doximity November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Doximity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Doximity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Doximity based on widely used predictive technical indicators. In general, we focus on analyzing Doximity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Doximity's daily price indicators and compare them against related drivers.

Additional Tools for Doximity Stock Analysis

When running Doximity's price analysis, check to measure Doximity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doximity is operating at the current time. Most of Doximity's value examination focuses on studying past and present price action to predict the probability of Doximity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doximity's price. Additionally, you may evaluate how the addition of Doximity to your portfolios can decrease your overall portfolio volatility.