Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Filing tables
Filing exhibits
- 10-Q Quarterly report
- 12.1 Statement Regarding Computation of the Earnings to Fixed Charges Ratios
- 31.1 Chief Executive Officer Section 302 Certification
- 31.2 Chief Financial Officer Section 302 Certification
- 32.1 Chief Executive Officer Section 906 Certification
- 32.2 Chief Financial Officer Section 906 Certification
- Download Excel data file
- View Excel data file
Related press release
Associated WMT transcripts
WMT similar filings
Filing view
External links
Exhibit 12.1
Wal-Mart Stores, Inc.
Ratio of Earnings to Fixed Charges
Nine Months Ended | Fiscal Years Ended | ||||||||||||||||||||||||||
October 31, | January 31, | ||||||||||||||||||||||||||
(Amounts in millions) | 2017 | 2016 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | 12,159 | $ | 14,847 | $ | 20,497 | $ | 21,638 | $ | 24,799 | $ | 24,656 | $ | 25,662 | |||||||||||||
Capitalized interest | (14 | ) | (27 | ) | (36 | ) | (39 | ) | (59 | ) | (78 | ) | (74 | ) | |||||||||||||
Consolidated net income attributable to the noncontrolling interest | (473 | ) | (421 | ) | (650 | ) | (386 | ) | (736 | ) | (673 | ) | (757 | ) | |||||||||||||
Adjusted income before income taxes | 11,672 | 14,399 | 19,811 | 21,213 | 24,004 | 23,905 | 24,831 | ||||||||||||||||||||
Fixed charges: | |||||||||||||||||||||||||||
Interest (1) | 1,808 | 1,809 | 2,403 | 2,587 | 2,520 | 2,413 | 2,325 | ||||||||||||||||||||
Interest component of rent | 650 | 632 | 862 | 836 | 916 | 933 | 859 | ||||||||||||||||||||
Total fixed charges | 2,458 | 2,441 | 3,265 | 3,423 | 3,436 | 3,346 | 3,184 | ||||||||||||||||||||
Income before income taxes and fixed charges | $ | 14,130 | $ | 16,840 | $ | 23,076 | $ | 24,636 | $ | 27,440 | $ | 27,251 | $ | 28,015 | |||||||||||||
Ratio of earnings to fixed charges | 5.7 | 6.9 | 7.1 | 7.2 | 8.0 | 8.1 | 8.8 |
(1) Includes interest on debt, capital leases and financing obligations, amortization of debt issuance costs and capitalized interest.