Zhihu (ZH) Debt Ratio (2019 - 2025)

Zhihu (ZH) posted Debt Ratio of 0.01 for Q4 2025, up 547.27% sequentially from 0.0 in Q3 2025, and up 466.37% YoY from 0.0 in Q4 2024.

Zhihu (ZH) Debt Ratio (2019 - 2025) Analysis & Trends

Zhihu has reported Debt Ratio for 7 years, with the latest figure at 0.01 in Q4 2025.

Quarterly Debt Ratio rose 466.37% year-over-year to 0.01 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.01 (up 466.37% YoY) and the FY2025 annual result came in at 0.01, up 449.54% from the prior year.
Debt Ratio grew to 0.01 in Q4 2025 per ZH's latest filing, from 0.0 in the prior quarter.
Over five years, Debt Ratio peaked at 0.01 in Q3 2022 and troughed at 0.0 in Q2 2025.
A 5-year average of 0.0 and a median of 0.0 in 2022 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2023 and 2025: Debt Ratio sank 87.95% in 2023, then surged 466.37% in 2025.
Over 5 years, Debt Ratio stood at 0.01 in 2021, then sank by 65.8% to 0.0 in 2022, then rose by 17.98% to 0.0 in 2023, then slumped by 68.92% to 0.0 in 2024, then soared by 466.37% to 0.01 in 2025.
According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.0, and 0.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Alphabet	4,180.61 Bn	3,751.58 Bn	73.85 Bn	0.11
2	Meta Platforms	1,534.26 Bn	1,444.00 Bn	49.47 Bn	0.19
3	Taboola.com	1,137.67 Bn	1,137.54 Bn	139.48 Mn	0.05
4	Baidu	288.74 Bn	284.25 Bn	1.88 Mn	0.14
5	Spotify Technology	103.09 Bn	92.85 Bn	1.75 Bn	-0.10
6	Joyy	77.39 Bn	76.50 Bn	205.64 Mn	0.00
7	BILI Social International	60.58 Bn	60.58 Bn	405,933.00	-
8	Nebius	49.28 Bn	39.66 Bn	295.20 Mn	0.38
9	Reddit	30.25 Bn	27.47 Bn	734.60 Mn	-
10	Zhihu	792.14 Mn	316.96 Mn	49.31 Bn	0.01

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