TSXV:NYX.DB - Post by User
Comment by
hipfneron Apr 25, 2017 4:26pm
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Post# 26164806
RE:What do the goodwill write downs mean in terms for coming Q'
RE:What do the goodwill write downs mean in terms for coming Q'There are $620 million of Goodwill and Intangibles still on the balance sheet. They will be written done over time. Sometimes a company will write them all down to zero if they have a management change or a really bad quarter. That's called a "kitchen sink quarter".
Since they are non-zero, they are part of the company value. So when they are written down your shares are theoretically worth less.