Attached files
file | filename |
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10-K - 10-K - Agiliti Health, Inc. | uhsi-20161231x10k.htm |
EX-32.2 - EX-32.2 - Agiliti Health, Inc. | uhsi-20161231ex3225538d3.htm |
EX-32.1 - EX-32.1 - Agiliti Health, Inc. | uhsi-20161231ex3217f2749.htm |
EX-31.2 - EX-31.2 - Agiliti Health, Inc. | uhsi-20161231ex3129729ab.htm |
EX-31.1 - EX-31.1 - Agiliti Health, Inc. | uhsi-20161231ex3116c864e.htm |
EX-21.1 - EX-21.1 - Agiliti Health, Inc. | uhsi-20161231ex2115eebf5.htm |
Exhibit 12.1
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DETERMINATION OF RATIO OF EARNINGS TO FIXED CHARGES |
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Year Ended December 31, |
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(in thousands) |
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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Loss before income taxes and noncontrolling interest |
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$ |
(12,506) |
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$ |
(27,460) |
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$ |
(79,079) |
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$ |
(42,515) |
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$ |
(37,013) |
Total fixed charges |
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52,321 |
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53,195 |
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53,285 |
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55,015 |
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55,697 |
Earnings before fixed charges |
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$ |
39,815 |
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$ |
25,735 |
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$ |
(25,794) |
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$ |
12,500 |
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$ |
18,684 |
Total fixed charges |
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$ |
52,321 |
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$ |
53,195 |
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$ |
53,285 |
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$ |
55,015 |
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$ |
55,697 |
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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— |
(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. Due to our losses for the years ended December 31, 2016, 2015, 2014, 2013 and 2012, the ratio coverage in the respective years was less than 1.00 to 1.00. We needed to generate additional earnings of $12.5, $27.5, $79.1, $42.5 and $37.0 million for the years ended December 31, 2016, 2015, 2014, 2013 and 2012, respectively, to achieve a coverage ratio of 1.00:1.00.