I have known of VRSK since their IPO and have never purchased any stock (yet). Anyway, I noticed Goodwill on the balance sheet as .5 BILLION Dollars. Am I reading that correctly? Is this just to prop up their balance sheet, seems like an over inflated number and would like to hear what others might think of it.
not sure why i'm replying to a 2-year old post but... goodwill is probably worth much more than that. they have a loyal customer base that includes the vast majority of the entire property and casualty insurance business in the US... many of whom are even major shareholders.