Growth Metrics

Zhihu (ZHIHF) Debt Ratio (2019 - 2025)

Zhihu recorded quarterly Debt Ratio of 0.01 in Q4 2025, up 547.27% quarter-over-quarter from 0.0 in Q3 2025, and up 466.37% year-over-year from 0.0 in Q4 2024.

Zhihu's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.01 for Q4 2025.

  • In Q4 2025, Debt Ratio rose 466.37% year-over-year to 0.01; the TTM figure through Dec 2025 stood at 0.01 (up 466.37% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 0.0 and a median of 0.0 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio plunged 87.95% in 2023 and jumped 466.37% in 2025, its largest moves.
  • Zhihu's Debt Ratio stood at 0.01 in 2021, then plunged by 65.8% to 0.0 in 2022, then increased by 17.98% to 0.0 in 2023, then sank by 68.92% to 0.0 in 2024, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 0.11
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn 0.15
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn 0.00
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn -
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 0.38
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn -
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn -
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn 0.47
9 Match 8.43 Bn 7.41 Bn 653.28 Mn 0.90
10 Zhihu - - 49.31 Bn 0.01

Historic Data

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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
Dec 31, 2020 0.01
Dec 31, 2019 0.02