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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by Gann999on Oct 16, 2021 1:04pm
241 Views
Post# 34013541

Goodwill impairment

Goodwill impairment
My concern is could there be a goodwill impairment for the purchase of Inmatec or any of the companies they aquired for that matter, but specifically Inmatec due to a decline in covid which is fuelling a lot of their sales and xebec bought them at a point of high demand. If they were to have declining sales moving forward as covid gets more subdued could there be a goodwill impairment and decline of assets value. Or is increased oxygen generation sales here to stay for the long haul as hospitals prepare for a possible future respiratory disease. Not suggesting that this will happen just throwing it out there as a concern of mine.
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