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
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
abolish, amortizationand, Ashcroft, automatically, British, Canadian, CMC, Columbia, column, consultation, council, crane, curtail, curtailing, defeasance, disentanglement, duration, Follansbee, footprint, forced, fourteen, ground, KCCC, KJCC, mat, mile, monthly, noncurrent, package, parliament, People, plasticizer, railcar, ramp, recommendation, recur, renewal, reset, RMB, rounding, sawmill, substitute, supplement, tangible, TISCO, Tolko, unavailable, upper
Filing tables
Filing exhibits
Related press release
KOP similar filings
Filing view
External links
Exhibit 12.1
KOPPERS HOLDINGS INC.
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratios)
2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income from continuing operations before taxes | $ | 35.5 | $ | 73.8 | $ | 52.5 | $ | 100.6 | $ | 77.0 | ||||||||||
Deduct: Equity earnings net of dividends | (0.8 | ) | 0.0 | 0.2 | 0.8 | 0.8 | ||||||||||||||
Deduct:Pre-tax income of noncontrolling interests | 3.4 | 0.5 | 0.9 | 2.0 | 0.0 | |||||||||||||||
Add: Fixed charges | 71.6 | 40.3 | 40.8 | 41.6 | 39.4 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Earnings as defined | $ | 104.5 | $ | 113.6 | $ | 92.2 | $ | 139.4 | $ | 115.6 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expensed | $ | 58.7 | $ | 27.1 | $ | 27.2 | $ | 27.9 | $ | 26.8 | ||||||||||
Other | 0.5 | 0.0 | 0.0 | 0.0 | 0.4 | |||||||||||||||
Rents | 41.5 | 42.5 | 43.8 | 44.3 | 39.4 | |||||||||||||||
Interest factor | 31 | % | 31 | % | 31 | % | 31 | % | 31 | % | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Estimated interest component of rent | 12.9 | 13.2 | 13.6 | 13.7 | 12.2 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total fixed charges | $ | 72.1 | $ | 40.3 | 40.8 | 41.6 | 39.4 | |||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Ratio of earnings to fixed charges | 1.45 | 2.82 | 2.26 | 3.35 | 2.93 |