Attached files

file filename
10-K - 10-K - Agiliti Health, Inc.uhsi-20151231x10k.htm
EX-10.24 - EX-10.24 - Agiliti Health, Inc.uhsi-20151231ex1024c00f5.htm
EX-21.1 - EX-21.1 - Agiliti Health, Inc.uhsi-20151231ex2112b4391.htm
EX-31.1 - EX-31.1 - Agiliti Health, Inc.uhsi-20151231ex3116072b9.htm
EX-10.25 - EX-10.25 - Agiliti Health, Inc.uhsi-20151231ex1025509d4.htm
EX-31.2 - EX-31.2 - Agiliti Health, Inc.uhsi-20151231ex312767102.htm
EX-32.1 - EX-32.1 - Agiliti Health, Inc.uhsi-20151231ex3211b118b.htm
EX-32.2 - EX-32.2 - Agiliti Health, Inc.uhsi-20151231ex322bbf56d.htm

Exhibit 12.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DETERMINATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

 

Year Ended December 31,

(in thousands)

   

2015

  

2014

  

2013

   

2012

  

2011

Loss before income taxes and noncontrolling interest

 

$

(27,460)

 

$

(79,079)

 

$

(42,515)

 

$

(37,013)

 

$

(30,282)

Total fixed charges

 

 

53,195

 

 

53,285

 

 

55,015

 

 

55,697

 

 

55,020

Earnings before fixed charges

 

$

25,735

 

$

(25,794)

 

$

12,500

 

$

18,684

 

$

24,738

Total fixed charges

 

$

53,195

 

$

53,285

 

$

55,015

 

$

55,697

 

$

55,020

Ratio of earnings to fixed charges (1)

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —


(1)          If we consistently incur net losses before income tax, we may not be able to maintain a ratio coverage of greater than 1:1.  Due to our losses for the years ended December 31, 2015,  2014,  2013,  2012 and 2011, the ratio coverage in the respective years was less than 1.00 to 1.00.  We needed to generate additional earnings of $27.5,  $79.1,  $42.5,  $37.0 and $30.3 million for the years ended December 31, 2015,  2014,  2013,  2012 and 2011, respectively, to achieve a coverage ratio of 1.00:1.00.