Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - MIND TECHNOLOGY, INC | d344139dex322.htm |
| EX-32.1 - EX-32.1 - MIND TECHNOLOGY, INC | d344139dex321.htm |
| EX-31.2 - EX-31.2 - MIND TECHNOLOGY, INC | d344139dex312.htm |
| EX-31.1 - EX-31.1 - MIND TECHNOLOGY, INC | d344139dex311.htm |
| EX-23.1 - EX-23.1 - MIND TECHNOLOGY, INC | d344139dex231.htm |
| EX-21.1 - EX-21.1 - MIND TECHNOLOGY, INC | d344139dex211.htm |
| EX-10.13 - EX-10.13 - MIND TECHNOLOGY, INC | d344139dex1013.htm |
| 10-K - 10-K - MIND TECHNOLOGY, INC | d344139d10k.htm |
Exhibit 12.1
MITCHAM INDUSTRIES, INC.
RATIO OF EARNINGS TO FIXED CHARGES
| Year Ended January 31, | ||||||||||||||||||||
| 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
| Earnings |
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| (Loss) Income before income taxes |
$ | (31,339 | ) | $ | (27,759 | ) | $ | (10,186 | ) | $ | 6,026 | $ | 13,524 | |||||||
| Fixed charges (as outlined below) |
846 | 932 | 1,142 | 544 | 783 | |||||||||||||||
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| Total earnings, as defined $ |
$ | (30,493 | ) | $ | (26,827 | ) | $ | (9,044 | ) | $ | 6,570 | $ | 14,307 | |||||||
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| Fixed Charges |
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| Interest |
$ | 653 | $ | 739 | $ | 902 | $ | 314 | $ | 533 | ||||||||||
| Estimate of interest within rental expense |
$ | 193 | $ | 193 | $ | 240 | $ | 230 | $ | 250 | ||||||||||
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| Total fixed charges |
$ | 846 | $ | 932 | $ | 1,142 | $ | 544 | $ | 783 | ||||||||||
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| Ratio of (losses) earnings to fixed charges |
* | * | * | 12.08 | 18.27 | |||||||||||||||
| • | Earnings for the years ended January 31, 2017, January 31, 2016 and January 31, 2015 were insufficient to cover fixed charges by $31,339, $27,759 and $10,186, respectively. |