Development of assets of enterprises in the paradigm of phases of the economic cycle

The article investigated the definition of «assets», proposed an author's definition, taking into account the relationship of this concept with the economic phases of the enterprise cycle. The need for non-current and revolving assets at each phase of the economic cycle of the enterprise is considered. The sources of realization of development of assets at stages of economic cycle are considered. Provides a graphical representation of the change in asset value over its life cycle. Modern capabilities of enterprise assets management through digital devices are described. The method of estimating the update of assets is proposed.