Zhihu (ZH) Debt Ratio (2019 - 2025)

Zhihu's (ZH) quarterly Debt Ratio came in at 0.01 in Q4 2025, up 466.37% year-on-year from 0.0 in Q4 2024, and up 547.27% quarter-over-quarter from 0.0 in Q3 2025.

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

Zhihu has disclosed Debt Ratio across 7 years of filings, most recently posting 0.01 for Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.01, up 466.37% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.01 (up 466.37% YoY), and the FY2025 annual result was 0.01, up 458.44% from the prior year.
  • Debt Ratio came in at 0.01 for Q4 2025 at Zhihu, up from 0.0 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.01 in Q3 2022 to a low of 0.0 in Q2 2025.
  • The 5-year median for Debt Ratio is 0.0 (2023), against an average of 0.0.
  • Across the five-year window, Debt Ratio sank 87.95% in 2023 and soared 466.37% in 2025, its largest moves.
  • Zhihu's Debt Ratio stood at 0.01 in 2021, then sank by 65.8% to 0.0 in 2022, then grew by 17.98% to 0.0 in 2023, then slumped by 68.92% to 0.0 in 2024, then jumped by 466.37% to 0.01 in 2025.
  • The last three Debt Ratio figures came in at 0.01 (Q4 2025), 0.0 (Q3 2025), and 0.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 0.38
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 0.11
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 0.15
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 0.00
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 0.47
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 0.06
10 Zhihu 105.93 Mn -359.25 Mn 49.31 Bn 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 0.00
Sep 30, 2024 0.00
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.00
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.00
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.01
Mar 31, 2021 0.01