VERACYTE, INC. - FORM 10-K - EX-12.1 - VCYT-12.31.2016-EX 12.1 - March 1, 2017

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EX-31.2 - VCYT-12.31.2016-EX 31.2 - VERACYTE, INC.vcyt-12312016xex312.htm
EX-32.2 - VCYT-12.31.2016-EX 32.2 - VERACYTE, INC.vcyt-12312016xex322.htm
EX-32.1 - VCYT-12.31.2016-EX 32.1 - VERACYTE, INC.vcyt-12312016xex321.htm
EX-31.1 - VCYT-12.31.2016-EX 31.1 - VERACYTE, INC.vcyt-12312016xex311.htm
EX-23.1 - VCYT-12.31.2016-EX 23.1 - VERACYTE, INC.vcyt-12312016xex231.htm
EX-10.30 - VCYT-12.31.2016-EX 10.30 - VERACYTE, INC.vcyt-12312016xex1030.htm
EX-10.18 - VCYT-12.31.2016-EX 10.18 - VERACYTE, INC.vcyt-12312016xex1018.htm
EX-10.10 - VCYT-12.31.2016-EX 10.10 - VERACYTE, INC.vcyt-12312016xex1010.htm
EX-10.4 - VCYT-12.31.2016-EX 10.4 - VERACYTE, INC.vcyt-12312016xex104.htm
10-K - VCYT-12.31.2016-10K - VERACYTE, INC.vcyt-12312016x10k.htm


Exhibit 12.1

VERACYTE, INC.
STATEMENT REGARDING COMPUTATION  OF RATIOS
(in thousands)

 
For the year ended December 31,
 
2012
 
2013
 
2014
 
2015
 
2016
Earnings (deficiency):
 
 
 
 
 
 
 
 
 
Net loss
$
(18,649
)
 
$
(25,580
)
 
$
(29,373
)
 
$
(33,704
)
 
$
(31,358
)
Add:
 
 
 
 
 
 
 
 
 
Fixed charges
24

 
294

 
511

 
455

 
2,855

     Earnings (deficiency)
$
(18,625
)
 
$
(25,286
)
 
$
(28,862
)
 
$
(33,249
)
 
$
(28,503
)
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expense
—

 
$
266

 
$
483

 
$
378

 
$
2,757

Estimated interest portion of rental expense
24

 
28

 
28

 
77

 
98

     Total fixed charges
$
24

 
$
294

 
$
511

 
$
455

 
$
2,855

 
 
 
 
 
 
 
 
 
 
Deficiency in the coverage of fixed charges
$
(18,649
)
 
$
(25,580
)
 
$
(29,373
)
 
$
(33,704
)
 
$
(31,358
)
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges(1)(2)
NM
 
NM
 
NM
 
NM
 
NM
 
 
 
 
 
 
 
 
 
 
(1)           The ratio of earnings to fixed charges is computed by dividing loss before taxes plus fixed charges by fixed charges.  Fixed charges consist of interest expense (including interest expense from capital leases), debt financing expense and the estimated portion of rental expense deemed by us to be representative of the interest factor of rental payments under operating leases.  Earnings were insufficient to cover fixed charges by the amounts set forth in the table above under the heading “Deficiency in the coverage of fixed charges.”
 
 
 
 
 
 
 
 
 
 
(2)           NM—Not meaningful.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the periods presented above, there were no outstanding shares of preferred stock with required dividend payments. Therefore, earnings were insufficient to cover combined fixed charges and preferred stock dividends in the same amounts referenced in the line entitled “Deficiency in the coverage of fixed charges” in the table above.



VERACYTE, INC. Reports