Intangible Assets
Non-physical assets with economic value — patents, trademarks, software, licenses, and customer lists.
What it is
Intangible Assets are resources that lack physical substance but still carry economic value, such as patents, trademarks, copyrights, licenses, software, and acquired customer relationships. On the balance sheet they usually refer to identifiable intangibles, which are reported separately from goodwill. They appear among non-current assets.
Why it matters
Intangibles can be the core of a company's competitive advantage, especially in technology, pharma, and brand-driven businesses. A pitfall is that internally created intangibles (like a homegrown brand or self-developed software) are often expensed rather than recorded, so the balance sheet can understate a company's true intangible strength while acquired intangibles can be overstated.
How it's calculated
Recorded at cost when purchased or acquired, then reduced over time by amortization for finite-life intangibles, or tested for impairment if their life is indefinite.
How Quintarthai uses it
Intangible Assets are shown in the balance sheet within the Financials tab on each company's deep-analysis page at /app/.