Exela Technologies Inc (XELA)

[ErnieBilco]

On the Quarterly look at total assets and total liabilities, you want assets to be higher than liabilities. I always allow for liabilities to be higher than assets but no more than 30%.

Goodwill is usually a figure made up when 1 company buys another, kind of like counting all the money in the register before you give it to someone else. I always throw it out when looking at assets - it may just be me.

Even if you count the goodwill they are still 800 mil in the hole.