Zhihu (ZH) Debt Ratio (2022 - 2026)
Zhihu's Debt Ratio was 0.02 in the quarter ended Jun 30, 2026, down 26.9% from 0.03 a year earlier.
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Analysis
Zhihu (ZH) Debt Ratio (2022 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Debt Ratio at Zhihu came in at 0.52, up 130.1% from the prior year.
- In earlier years, Debt Ratio was 0.23 in the year ended Dec 31, 2024 (+306.2%), 0.06 in the year ended Dec 31, 2023 (-78.2%) and 0.26 in the year ended Dec 31, 2022.
- Quarterly Debt Ratio has moved between 0.01 (the quarter ended Jun 30, 2024) and 0.54 (the quarter ended Dec 31, 2025) over five years.
- Compared with a year earlier, Debt Ratio was higher in four of the last five quarters, with growth averaging 152.3%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 0.19 |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 0.24 |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 0.09 |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 0.19 |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 0.68 |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 0.43 |
| 10 | Zhihu | 310.41 Mn | -1.96 Bn | 57.98 Mn | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02 |
| Dec 31, 2025 | 0.54 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.01 |
| Dec 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.25 |
API Access
Zhihu Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ZH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();