Financial Policy
The financial activities at Trophi are operated in accordance with the financial policy adopted by the board and shall be operated in such a way that the need for long- and short-term financing and liquidity is met. The board reviews the financial policy annually.
Summary Financial Policy
Financing risk | Policy | Outcome 12/31/2024 |
Loan-to-value ratio (gross) | Maximum 55% | 44 |
Average time to maturity | At least 2.0 years (incl. undrawn and committed credit facilities) | 2.3 |
Debts maturing within 12 months | Maximum 40% | 33 |
Equity ratio | At least 30% | 47 |
Interest rate risk | ||
Interest coverage ratio | At least 2.5 times (rolling 12 months) | 3.5 |
Average fixed interest tenor | 1-5 years (excl. interest rate caps) | 2.4 |
Floating interest rate exposure | 40-60% within 12 months (excl. interest rate caps) | 54 |
Currency risk | ||
Currency exposure | Maximum 25% of equity | 22 |