Attached files

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EX-32.2 - EXHIBIT 32.2 - MIND TECHNOLOGY, INCexhibit322-10kfye20.htm
EX-32.1 - EXHIBIT 32.1 - MIND TECHNOLOGY, INCexhibit321-10kfye20.htm
EX-31.2 - EXHIBIT 31.2 - MIND TECHNOLOGY, INCexhibit312-10kfye20.htm
EX-31.1 - EXHIBIT 31.1 - MIND TECHNOLOGY, INCexhibit311-10kfye20.htm
EX-23.1 - EXHIBIT 23.1 - MIND TECHNOLOGY, INCexhibit231-10kfye20.htm
EX-21.1 - EXHIBIT 21.1 - MIND TECHNOLOGY, INCexhibit211-10kfye20.htm
EX-10.15 - EXHIBIT 10.15 - MIND TECHNOLOGY, INCexhibit1015-10kfye20.htm
EX-4.3 - EXHIBIT 4.3 - MIND TECHNOLOGY, INCexhibit43-10kfye20.htm
10-K - 10-K - MIND TECHNOLOGY, INCmind1312010-k.htm


Exhibit 12.1

MITCHAM INDUSTRIES, INC.
Ratio of Earnings to Fixed Charges


 
Year Ended January 31,
 
2020
 
2019
 
2018
 
2017
 
2016
Earnings
 
 
 
 
 
 
 
 
 
(Loss) Income before income taxes
(10,409
)
 
(19,588
)
 
(20,159
)
 
$
(31,339
)
 
$
(27,759
)
Fixed charges (as outlined below)
140

 
278

 
245

 
846

 
932

Total earnings, as defined $
(10,269
)

(19,310
)

(19,914
)

(30,493
)

(26,827
)
 
 
 
 
 
 
 
 
 
 
Fixed Charges
 
 
 
 
 
 
 
 
 
Interest
(46
)
 
72

 
47

 
$
653

 
$
739

Estimate of interest within rental expense
$
186

 
$
206

 
$
198

 
$
193

 
$
193

Total fixed charges
$
140


$
278


$
245


$
846


$
932

 
 
 
 
 
 
 
 
 
 
Ratio of (losses) earnings to fixed charges
*

 
*

 
*

 
*

 
*



*
Earnings for the years ended January 31, 2020, January 31, 2019, January 31, 2018, January 31, 2017 and January 31, 2016 were insufficient to cover fixed charges by $10,409, $19,588, $20,159, $31,339 and $27,759, respectively.