Attached files

file filename
10-Q - 10-Q - TRANSATLANTIC PETROLEUM LTD.tat-10q_20160331.htm
EX-31.2 - EX-31.2 - TRANSATLANTIC PETROLEUM LTD.tat-ex312_11.htm
EX-31.1 - EX-31.1 - TRANSATLANTIC PETROLEUM LTD.tat-ex311_6.htm
EX-32.1 - EX-32.1 - TRANSATLANTIC PETROLEUM LTD.tat-ex321_10.htm
EX-10.2 - EX-10.2 - TRANSATLANTIC PETROLEUM LTD.tat-ex102_125.htm

Exhibit 12.1

 

 

TRANSATLANTIC PETROLEUM LTD.

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

 

 

 

 

 

Three Months Ended March 31,

 

2016

 

 

 

Earnings available for fixed charges:

 

Loss from continuing operations before income taxes

$ (3,819)

Interest expense

   2,656

Portion of rent expense representing interest

-

   Earnings available for fixed charges

   (1,163)

 

 

Fixed charges:

 

Interest expense    

2,656

Portion of rent expense representing interest

-

   Fixed charges

2,656

 

 

Ratio of earnings to fixed charges

-

Coverage deficiency

6,475