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?Positive | ||
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H.S. freshman Good
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New words:
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Removed:
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Exhibit 12.1
TRANSATLANTIC PETROLEUM LTD.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
|
| Nine Months Ended September 30, 2016 |
| |
Earnings available for fixed charges: |
|
|
|
|
Loss from continuing operations before income taxes |
| $ | (10,926 | ) |
Interest expense |
|
| 9,106 |
|
Portion of rent expense representing interest |
|
| - |
|
Earnings available for fixed charges |
|
| (1,820 | ) |
|
|
|
|
|
Fixed charges: |
|
|
|
|
Interest expense |
|
| 9,106 |
|
Portion of rent expense representing interest |
|
| - |
|
Fixed charges |
|
| 9,106 |
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
| - |
|
Coverage deficiency |
|
| 20,032 |
|