Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Agiliti Health, Inc. | a11-2267_110k.htm |
| EX-31.1 - EX-31.1 - Agiliti Health, Inc. | a11-2267_1ex31d1.htm |
| EX-31.2 - EX-31.2 - Agiliti Health, Inc. | a11-2267_1ex31d2.htm |
| EX-32.2 - EX-32.2 - Agiliti Health, Inc. | a11-2267_1ex32d2.htm |
| EX-10.17 - EX-10.17 - Agiliti Health, Inc. | a11-2267_1ex10d17.htm |
| EX-10.18 - EX-10.18 - Agiliti Health, Inc. | a11-2267_1ex10d18.htm |
| EX-32.1 - EX-32.1 - Agiliti Health, Inc. | a11-2267_1ex32d1.htm |
Exhibit 12.1
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DETERMINATION OF RATIO OF EARNINGS TO FIXED CHARGES |
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Year |
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Year |
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Year |
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Seven Months |
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Five Months |
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Year |
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Ended |
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Ended |
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Ended |
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Ended |
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Ended |
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Ended |
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December 31, |
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December 31, |
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December 31, |
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December 31, |
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May 31, |
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December 31, |
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2010 |
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2009 |
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2008 |
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2007 |
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2007 |
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2006 |
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(dollars in thousancds) |
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(Successor) |
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(Successor) |
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(Successor) |
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(Successor) |
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(Predecessor) |
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(Predecessor) |
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Income (loss) before income taxes |
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$ |
(27,419 |
) |
$ |
(30,062 |
) |
$ |
(38,855 |
) |
$ |
(26,284 |
) |
|
$ |
(46,982 |
) |
$ |
664 |
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Total Fixed charges |
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46,457 |
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46,505 |
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46,878 |
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26,322 |
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|
13,829 |
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31,599 |
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Earnings (loss) before fixed charges |
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$ |
19,038 |
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$ |
16,443 |
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$ |
8,023 |
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$ |
38 |
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|
$ |
(33,153 |
) |
$ |
32,263 |
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Total fixed charges |
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$ |
46,457 |
|
$ |
46,505 |
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$ |
46,878 |
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$ |
26,322 |
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|
$ |
13,829 |
|
$ |
31,599 |
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Ratio of earnings to fixed charges(1) |
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— |
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— |
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— |
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— |
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— |
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1.02 |
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(1) If we consistently incur net losses before income tax, we may not be able to maintain a ratio coverage of greater than 1:1. In 2006 we had income before taxes of $664,000 generating a ratio of 1.02 to 1.00. Due to our losses for the years ended December 31, 2010, 2009, and 2008, seven months ended December 31, 2007, and five months ended May 31, 2007 the ratio coverage in the respective years was less than 1.00 to 1.00. We needed to generate additional earnings of $27.4, $30.1, $38.9, $26.3, and $47.0 million for the years ended December 31, 2010, 2009, and 2008, seven months ended December 31, 2007, five months ended May 31, 2007, respectively, to achieve a coverage ratio of 1.00:1.00.