$560 million market cap, 1.9 billion in revenue, $1.5 in debt. And $450 million in cash....where is the good will?
The below figures are 31 dec 2011 & 2010 notice the Good will has ben written down to 212.626Goodwill 212,626 374,587 TOTAL ASSETS $ 1,316,120 $ 1,572,960 Notice that the combined equity and liability is 1.3 bln debt actually very low. Total stockholders' equity 805,981 934,384 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,316,120 $ 1,572,96
On what planet do you reside? This thing is stagnant at best until the accreditation reviews come back...probably anytime in the Q2 CECO will know it's short, & long term fate.Don't count on the stock repurchase to bail you out...even these guys don't like to 'throw money away'.