US ECOLOGY, INC. - FORM 10-K - EX-12.1 - February 27, 2017

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EX-31.2 - EX-31.2 - US ECOLOGY, INC.a2231029zex-31_2.htm
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EX-21 - EX-21 - US ECOLOGY, INC.a2231029zex-21.htm
10-K - 10-K - US ECOLOGY, INC.a2231029z10-k.htm

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Exhibit 12.1

Ratio of Earnings to Fixed Charges
(Unaudited)

 
   For the Year Ended December 31,  
$s in thousands
  2016   2015   2014   2013   2012  

Earnings (as defined):

                                

Earnings before income taxes

   $ 55,301   $ 46,855   $ 61,050   $ 50,147   $ 41,718  

Fixed charges

     17,517     23,556     10,732     856     900  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Earnings

   $ 72,818   $ 70,411   $ 71,782   $ 51,003   $ 42,618  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
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Fixed charges (as defined):

                                

Interest expense

   $ 17,317   $ 23,370   $ 10,677   $ 828   $ 878  

Estimated interest within rental expense

     200     186     55     28     22  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Fixed charges

   $ 17,517   $ 23,556   $ 10,732   $ 856   $ 900  
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
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Ratio of earnings to fixed charges

     4.2     3.0     6.7     59.6     47.3  
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Ratio of Earnings to Fixed Charges (Unaudited)

US ECOLOGY, INC. Reports