Attached files

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EX-32.2 - EX-32.2 - Nexvet Biopharma plcnvet-ex322_8.htm
EX-32.1 - EX-32.1 - Nexvet Biopharma plcnvet-ex321_6.htm
EX-31.2 - EX-31.2 - Nexvet Biopharma plcnvet-ex312_10.htm
EX-31.1 - EX-31.1 - Nexvet Biopharma plcnvet-ex311_9.htm
EX-10.1 - EX-10.1 - Nexvet Biopharma plcnvet-ex101_210.htm
10-Q - 10-Q - Nexvet Biopharma plcnvet-10q_20170331.htm

Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

AND PREFERENCE SHARE DIVIDENDS

(in thousands)

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(6,019

)

 

$

(5,745

)

 

$

(16,526

)

 

$

(15,396

)

Add: Fixed charges

 

 

26

 

 

 

26

 

 

 

77

 

 

 

61

 

Earnings as defined

 

$

(5,993

)

 

$

(5,719

)

 

$

(16,449

)

 

$

(15,335

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated interest component of rental expense (1)

 

 

26

 

 

 

26

 

 

 

77

 

 

 

61

 

Total fixed charges

 

$

26

 

 

$

26

 

 

$

77

 

 

$

61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges (2)

 

$

 

 

$

 

 

$

 

 

$

 

Deficiency of earnings available to cover fixed charges

 

$

(5,993

)

 

$

(5,719

)

 

$

(16,449

)

 

$

(15,335

)

Combined fixed charges and preference share

   dividends:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

 

26

 

 

 

26

 

 

 

77

 

 

 

61

 

Preference share dividends

 

 

 

 

 

 

 

 

 

 

 

 

Total combined fiexd charges and preference shre

   dividends

 

$

26

 

 

$

26

 

 

$

77

 

 

$

61

 

Ratio of earnings to combined fixed charges and

   preference share dividends

 

$

 

 

$

 

 

$

 

 

$

 

Deficiency of earnings available to cover combines fixed

   charges and prefernce share dividends

 

$

(5,993

)

 

$

(5,719

)

 

$

(16,449

)

 

$

(15,335

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) One third of rental expense is estimated to be the interest component of rental expense

 

(2) Earnings were insufficient to cover total fixed charges and total combined fixed charges and preference share dividends