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 riskPolicyOutcome 12/31/2024
Loan-to-value ratio (gross)Maximum 55%44
Average time to maturityAt least 2.0 years (incl. undrawn and committed credit facilities)2.3
Debts maturing within 12 monthsMaximum 40% 33
Equity ratioAt least 30%47
Interest rate risk
Interest coverage ratioAt least 2.5 times (rolling 12 months)3.5
Average fixed interest tenor1-5 years (excl. interest rate caps)2.4
Floating interest rate exposure40-60% within 12 months (excl. interest rate caps) 54
Currency risk
Currency exposureMaximum 25% of equity22