Starts Proceed Investment (TSE:8979) Liabilities-to-Assets : 0.55 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8979 Starts Proceed Investment Corp TSE:8979
59 GF Score
Price 円191,200.00
GF Value 円186,054.63
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Starts Proceed Investment Liabilities-to-Assets?

Starts Proceed Investment TSE:8979 +2.80% 59 Liabilities-to-Assets is 0.55 as of Apr. 2026. GuruFocus rates TSE:8979 with a GF Score™ of 59/100 and a GF Value™ of 円186,054.63 (Fairly Valued). The stock has 7 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Starts Proceed Investment's Total Liabilities for the quarter that ended in Apr. 2026 was 円57,747 Mil. Starts Proceed Investment's Total Assets for the quarter that ended in Apr. 2026 was 円104,334 Mil. Therefore, Starts Proceed Investment's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2026 was 0.55.


Starts Proceed Investment  (TSE:8979) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Starts Proceed Investment Liabilities-to-Assets Related Terms


Starts Proceed Investment Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Starts Proceed Investment's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Starts Proceed Investment Liabilities-to-Assets Chart

Starts Proceed Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.52 0.53 0.53 0.54

Starts Proceed Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.53 0.54 0.54 0.55

TSE:8979 vs VMRK, EQR, ESS: Liabilities-to-Assets Comparison

For the REIT - Residential subindustry, Starts Proceed Investment's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Starts Proceed Investment Liabilities-to-Assets vs REITs Industry

For the REITs industry and Real Estate sector, Starts Proceed Investment's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Starts Proceed Investment's Liabilities-to-Assets falls into.


TSE:8979
59GF Score
Starts Proceed Investment Corp TSE:8979
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starts Proceed Investment Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Starts Proceed Investment's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2025 is calculated as:

Liabilities-to-Assets (A: Oct. 2025 )=Total Liabilities/Total Assets
=55013.65/101715.374
=0.54

Starts Proceed Investment's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2026 is calculated as

Liabilities-to-Assets (Q: Apr. 2026 )=Total Liabilities/Total Assets
=57746.961/104333.546
=0.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.55 mean?
Starts Proceed Investment (TSE:8979) has a Liabilities-to-Assets of 0.55 as of Apr. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Starts Proceed Investment and its competitors.
Is Starts Proceed Investment's Liabilities-to-Assets too high?
Starts Proceed Investment's current Liabilities-to-Assets is 0.55. Overall, Starts Proceed Investment has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's Liabilities-to-Assets compare to VMRK and EQR?
Starts Proceed Investment's Liabilities-to-Assets of 0.55 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a REITs company?
A good Liabilities-to-Assets depends on the REITs industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Starts Proceed Investment and its competitors. Starts Proceed Investment's current Liabilities-to-Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Fairly Valued. The stock's GF Value™ is 円186,054.63, compared to a current price of 円191,200.00 — trading 2.8% above its estimated fair value. The current Liabilities-to-Assets is 0.55. Starts Proceed Investment's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Starts Proceed Investment (TSE:8979), the current Liabilities-to-Assets is 0.55 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Starts Proceed Investment (TSE:8979) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be overvalued. The current stock price of 円191,200.00 is trading 2.8% above its estimated GF Value™ of 円186,054.63. GuruFocus considers Starts Proceed Investment to be Fairly Valued.

Key valuation signals for TSE:8979:

  • Liabilities-to-Assets: 0.55
  • GF Value™: 円186,054.63 vs. price of 円191,200.00 (2.8% above fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starts Proceed Investment Business Description

Industry Real EstateREITs
Address 3-1-8 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
59GF Score

Get the complete analysis for TSE:8979

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円191,200.00
Price
円186,054.63
GF Value