Attached files

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EX-32 - EXHIBIT 32 - CTI BIOPHARMA CORPa2017exhibit32sect906certc.htm
EX-31.2 - EXHIBIT 31.2 - CTI BIOPHARMA CORPa2017exhibit312sect302cert.htm
EX-31.1 - EXHIBIT 31.1 - CTI BIOPHARMA CORPa2017exhibit311sect302cert.htm
EX-23.1 - EXHIBIT 23.1 - CTI BIOPHARMA CORPa2017exhibit231accountingf.htm
EX-21.1 - EXHIBIT 21.1 - CTI BIOPHARMA CORPa2017exhibit21110kfy2017su.htm
EX-10.58 - EXHIBIT 10.58 - CTI BIOPHARMA CORPwaivertoloanandsecurityagr.htm
10-K - 10-K - CTI BIOPHARMA CORPcti10k12312017document.htm
Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratio of earnings to fixed charges for each of the periods indicated:
 
Year ended December 31,
 
2017
2016
2015
2014
2013
Ratio of earnings to fixed charges (1)

(1)     Earnings were not sufficient to cover fixed charges for each of the periods indicated. Earnings consist of income (loss) before provision for income taxes plus fixed charges less income (loss) attributable to noncontrolling interest. Fixed charges consist of interest charges, amortization of debt expense and discount related to indebtedness, and that portion of rental payments under operating leases we believe to be representative of interest. Earnings for the years ended December 31, 2017, 2016, 2015, 2014 and 2013, were insufficient to cover fixed charges by $45.0, $52.0, $122.6, $96.0 and $49.6 (in millions), respectively. For this reason, no ratios are provided for these periods.