RE:RE:RE:RE:RE:interesting view of Ross Heilly on BNN greatplay wrote: Lesson for shorts, who are missing some brain...
"Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company’s brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet."
https://www.investopedia.com/terms/g/goodwill.asp
In simple words, it's assets from acquisitions (drugs, etc)
OMG. He can cut and paste from investopedia but doesn't know how to read a financial statemment. Drugs are not enduring assets. They are considered "soft" and Concordia has amortized them over a 15 year period because that is what management considers their useful life to be. And their assets are for the most part held in the BARBADOS - not Canada or the US - which is making Bondholders and Banks VERY uneasy. Look that up "Champ" Make sure you do a cut and paste out of Wilipedia about assets in Barbados.