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 12/31/2025 |
| Loan-to-value ratio | 45-55% | 45 % |
| Average time to maturity | At least 2.0 years (incl. undrawn and committed credit facilities) | 2.6 years |
| Debts maturing within 12 months | Maximum 25 % (excl. commercial papers) | 0 % |
| Equity ratio | At least 30 % | 47 % |
| Interest rate risk | ||
| Interest coverage ratio | At least 2.5 (rolling 12 months) | 3.8 |
| Average fixed interest tenor | 1-5 years (excl. interest rate caps) | 2.1 |
| Floating interest rate exposure | 40-60 % within 12 months (excl. interest rate caps) | 57 % |
| Currency risk | ||
| Currency exposure | Maximum 25% of equity | 22 % |