Exxe Group Inc (AXXA)

[OTC_Buyer]

(A good read) Analysis of Companies with high goodwill

https://www.investopedia.com/articles/investing/110614/analysis-companies-high-goodwill.asp

Goodwill on its own is not a bad thing. It simply represents the premium over the estimated market value of the assets acquired when buying another company. Many firms with minimal or negligible asset levels, such as service companies, are able to generate ample profits and high returns on assets. Significant cash flows could garner a significant buyout premium. Manufacturing firms and other asset-intensive industries might have significant assets on the balance sheet, but might not generate as much in terms of cash flows. As such, goodwill in a buyout would be less.

Water provider Republic Services acquired rival Allied Waste in 2008 and has struggled since to boost profitability. Overpaying right before a recession hurt results and boosted goodwill on the balance sheet, which currently stands at $10.7 billion.

$10.7 Billion with a B is much more than AXXA’s goodwill and that stock is currently trading at around $90 with similar OS. Real business entrepreneurs know what Goodwill is and its worth. Also if one looks in the disclosures it will show which subsidiaries have what goodwill from what I can recall.