Ann: Speedcast updates expectations for 1H2019 and FY2019, page-56

kaarn12
lol I suggest you do some investigative research into the accounting treatment of intangibles.

Yes it's there for a reason and that reason is either capitalisation of expenses, so they don't get hit through the p&l immediately or when they acquire a business it represents the difference between the purchase price and the hard assets being acquired.

high intangibles with high debt is risky.

if those businesses don't perform as expected you can look forward to the auditors writing down those intangibles that you so eloquently say are on the balance sheet for a "reason"