Attached files

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EX-32.2 - EX-32.2 - VANTAGE DRILLING INTERNATIONALvdi-ex322_8.htm
EX-32.1 - EX-32.1 - VANTAGE DRILLING INTERNATIONALvdi-ex321_10.htm
EX-31.2 - EX-31.2 - VANTAGE DRILLING INTERNATIONALvdi-ex312_7.htm
EX-31.1 - EX-31.1 - VANTAGE DRILLING INTERNATIONALvdi-ex311_6.htm
10-Q - VDI-10-Q-20170331 - VANTAGE DRILLING INTERNATIONALvdi-10q_20180331.htm

Exhibit 12.1

 

 

Ratio of Earnings to Fixed Charges

(In thousands, except Ratio of Earnings to Fixed Charges)

 

 

 

 

 

 

Three Months

 

 

 

Ended March

 

 

 

31, 2018

 

Earnings (Loss)

 

 

 

Loss before provision for income taxes and minority interest

 

$           (28,165)

 

Fixed charges

 

                 19,300

 

  Minority interest in pre-tax income of subsidiaries with no fixed charges

 

-

 

   Loss as adjusted

 

$           (8,865)

 

 

 

 

 

Fixed Charges

 

 

 

Interest expense

 

$               19,271

 

Portion of rental expense representative of the interest factor

 

                       29

 

   Total fixed charges

 

$               19,300

 

 

 

 

 

Ratio of earnings to fixed charges (a)

 

                              -

 

 

 

 

 

(a) For the three months ended March 31, 2018 earnings were not sufficient to cover fixed charges by approximately $28.2 million.