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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

Comment by Daudau11on Jul 13, 2022 6:55pm
105 Views
Post# 34822415

RE:Question for the board

RE:Question for the boardI am not an accountant but from my understanding if management believes the intangible assets/goodwill no longer reflects the current market value of those assets then yes it must write off a portion or all of it off.  

I hope that helps.
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