Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - RYDER SYSTEM INC | ryder3rdquarter201710-q.htm |
| EX-32 - EXHIBIT 32 - RYDER SYSTEM INC | ryderex32-q32017.htm |
| EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INC | ryderex312-q32017.htm |
| EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INC | ryderex311-q32017.htm |
EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries | |||
Ratio of Earnings to Fixed Charges | |||
Continuing Operations | |||
(Dollars in thousands) | |||
For the nine months ended September 30, 2017 | |||
EARNINGS: | |||
Earnings before income taxes | 234,991 | ||
Fixed charges | 136,567 | ||
Add: Amortization of capitalized interest | 460 | ||
Less: Interest capitalized | — | ||
Earnings available for fixed charges (A) | 372,018 | ||
FIXED CHARGES: | |||
Interest and other financial charges | 104,591 | ||
Portion of rents representing interest expense | 31,976 | ||
Total fixed charges (B) | 136,567 | ||
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B) | 2.72x | ||