What is ntangible assets?

Intangible assets are non-physical assets that provide value to a company but do not have a tangible presence. Examples include intellectual property such as patents, trademarks, copyrights, and goodwill. These assets can contribute significantly to a company's competitive advantage and overall valuation, despite not being easily quantifiable or visible on financial statements. Unlike tangible assets, intangible assets often require careful management and protection to maintain their value.