Based on the concept of big companies probably do not record all its assets as assets?

Big companies may not record all their assets on their balance sheets due to accounting principles and regulations that prioritize materiality and relevance. Intangible assets, like brand value or customer relationships, might not be fully recognized if they cannot be reliably measured. Additionally, some assets may be classified as off-balance-sheet items to optimize financial ratiOS or manage reported debt levels. This can lead to an understatement of a company's true asset value and financial health.