US ECOLOGY, INC. - FORM 10-K - EX-12.1 - February 29, 2016

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EX-10.13 - EX-10.13 - US ECOLOGY, INC.a2227445zex-10_13.htm
EX-10.8 - EX-10.8 - US ECOLOGY, INC.a2227445zex-10_8.htm
EX-10.12 - EX-10.12 - US ECOLOGY, INC.a2227445zex-10_12.htm
EX-10.11 - EX-10.11 - US ECOLOGY, INC.a2227445zex-10_11.htm
EX-32.2 - EX-32.2 - US ECOLOGY, INC.a2227445zex-32_2.htm
EX-10.10 - EX-10.10 - US ECOLOGY, INC.a2227445zex-10_10.htm
EX-31.2 - EX-31.2 - US ECOLOGY, INC.a2227445zex-31_2.htm
EX-23.1 - EX-23.1 - US ECOLOGY, INC.a2227445zex-23_1.htm
EX-31.1 - EX-31.1 - US ECOLOGY, INC.a2227445zex-31_1.htm
EX-32.1 - EX-32.1 - US ECOLOGY, INC.a2227445zex-32_1.htm
10-K - 10-K - US ECOLOGY, INC.a2227445z10-k.htm
EX-21 - EX-21 - US ECOLOGY, INC.a2227445zex-21.htm

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Exhibit 12.1

Ratio of Earnings to Fixed Charges
(Unaudited)

 
   For the Year Ended December 31,  
$s in thousands
  2015   2014   2013   2012   2011  

Earnings (as defined):

                                

Earnings before income taxes

   $ 46,855   $ 61,050   $ 50,147   $ 41,718   $ 29,807  

Fixed charges

     23,556     10,732     856     900     1,635  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Earnings

   $ 70,411   $ 71,782   $ 51,003   $ 42,618   $ 31,442  
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Fixed charges (as defined):

                                

Interest expense

   $ 23,370   $ 10,677   $ 828   $ 878   $ 1,604  

Estimated interest within rental expense

     186     55     28     22     31  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Fixed charges

   $ 23,556   $ 10,732   $ 856   $ 900   $ 1,635  
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Ratio of earnings to fixed charges

     3.0     6.7     59.6     47.3     19.2  
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Ratio of Earnings to Fixed Charges (Unaudited)

US ECOLOGY, INC. Reports