SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Metropolitan Health Networks Inc – ‘S-3’ on 3/21/12 – ‘EX-12.1’

On:  Wednesday, 3/21/12, at 5:27pm ET   ·   Accession #:  1193125-12-125735   ·   File #:  333-180264

Previous ‘S-3’:  ‘S-3/A’ on 9/11/98   ·   Latest ‘S-3’:  This Filing

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/21/12  Metropolitan Health Networks Inc  S-3                    7:750K                                   Donnelley … Solutions/FA

Registration Statement for Securities Offered Pursuant to a Transaction   —   Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3         Registration Statement for Securities Offered       HTML    217K 
                          Pursuant to a Transaction                              
 2: EX-4.3      Instrument Defining the Rights of Security Holders  HTML      7K 
 3: EX-4.4      Instrument Defining the Rights of Security Holders  HTML    408K 
 4: EX-5.1      Opinion re: Legality                                HTML     34K 
 6: EX-23.1     Consent of Experts or Counsel                       HTML      6K 
 7: EX-23.2     Consent of Experts or Counsel                       HTML      6K 
 5: EX-12.1     Statement re: Computation of Ratios                 HTML     21K 


EX-12.1   —   Statement re: Computation of Ratios


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-12.1  

Exhibit 12.1

Metropolitan Health Networks, Inc.

Schedule of Ratio of Earnings to Fixed Charges

 

     Year Ended December 31,  
   2011      2010      2009      2008      2007  
     (dollars in thousands)  

Income before income taxes

   $ 39,634       $ 41,584       $ 23,349       $ 16,619       $ 9,441   

Estimated interest component of rental expense

     1,318         599         399         451         498   

Interest expense (1)

     8,174         29         26         26         34   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total earnings

   $ 49,126       $ 42,212       $ 23,774       $ 17,096       $ 9,973   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Estimated interest component of rental expense

   $ 1,318       $ 599       $ 399       $ 451       $ 498   

Interest expense (1)

     8,174         29         26         26         34   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Fixed charges

   $ 9,492       $ 628       $ 425       $ 477       $ 532   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Ratio of earnings to fixed charges

     5.2x         67.2x         56.0x         35.8x         18.7x   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Includes amortization of premium, discounts and capitalized expenses related to indebtedness.

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-3’ Filing    Date    Other Filings
Filed on:3/21/1210-K/A,  8-K/A
12/31/1110-K,  10-K/A
 List all Filings 
Top
Filing Submission 0001193125-12-125735   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Mon., Apr. 29, 7:07:02.1pm ET