Vantive Corp – ‘S-3’ on 11/18/97 – EX-12.1

As of:  Tuesday, 11/18/97   ·   Accession #:  891618-97-4716   ·   File #:  333-40449

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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         47    275K 
                          Pursuant to a Transaction                              
 2: EX-4.1      Indenture Between the Company and Deutsche Bank Ag   144    613K 
 3: EX-4.3      Registration Rights Agreement Dated 8/14/97           19     75K 
 4: EX-5.1      Opinion of Gray Carey Ware & Freidenrich               2±    10K 
 5: EX-5.2      Opinion of Dewey Ballantine                            2±    10K 
 6: EX-12.1     Statement Regarding Computation of Ratios              1      9K 
 7: EX-23.1     Consent of Arthur Andersen LLP, Public Accountants     1      6K 
 8: EX-25.1     Form T-1                                              69    309K 
 9: EX-27.1     Financial Data Schedule                                1      7K 

EX-12.1   —   Statement Regarding Computation of Ratios

EX-12.1
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                                                                    EXHIBIT 12.1

STATEMENT REGARDING COMPUTATION OF RATIOS 

THE VANTIVE CORPORATION 
RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)

                                                        [Enlarge/Download Table]

                                                              Fiscal Years Ended December 31,
                                                              -------------------------------
                                                                  1995              1996     
                                                              -------------------------------
                                                                                             

Ratio of Earnings to Fixed Charges:                                                          
   Earnings Before Fixed Charges and Income Tax..............    2,615              16,220   
   Fixed Charges.............................................      340                 641   

Ratio of Earnings to Fixed Charges...........................      7.7                25.3   
                                                               -------             -------   
Earnings Before Fixed Charges and Income Tax:                                                
   Net Income................................................    2,043              10,905   
   Fixed Charges.............................................      340                 641   
   Income Taxes..............................................      232               4,674   
                                                               -------             -------   
Earnings Before Fixed Charges and Taxes......................    2,615              16,220   
                                                               =======             =======   

Fixed Charges:                                                                               
   Consolidated Interest Expense.............................       93                 159   
   Estimated Interest Element in Rent Expenses...............      247                 482   
                                                               -------             -------   
      Total Fixed Charges....................................      340                 641   
                                                               =======             =======   

The consolidated ratios of earnings to fixed charges were computed by dividing  
earnings by the fixed charges. For computation of such ratios of earnings to    
fixed charges, earnings consist of net income, to which has been added fixed    
charges and income taxes of the Company and its subsidiaries. Fixed charges     
consist of consolidated interest expense and the estimated portion of rent      
expense deemed by the Company to be a reasonable approximation of the interest  
factor of rental payments under operating leases. For the years ended December  
31, 1992, 1993 and 1994 and the nine months ended September 30, 1997, earnings  
were insufficient to cover fixed charges by approximately $2,254,000,           
$3,697,000, $770,000 and $6,256,000, respectively.                              

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-3’ Filing		Date		Other Filings
		11/19/97
Filed on:		11/18/97
		9/30/97		10-Q
		12/31/94
		12/31/93
		12/31/92
				List all Filings