QuickLinks -- Click here to rapidly navigate through this document
Main Street Capital Corporation
Computation of Ratio of Earnings to Fixed Charges
(numbers in thousands)
| Year Ended December 31, 2014 | Year Ended December 31, 2013 | Year Ended December 31, 2012 | Year Ended December 31, 2011 | Year Ended December 31, 2010 | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings: | ||||||||||||||||
Net increase in net assets resulting from operations | $ | 100,748 | $ | 96,855 | $ | 104,444 | $ | 64,106 | $ | 39,970 | ||||||
Income tax expense (benefit) and excise taxes | 6,287 | (35 | ) | 10,820 | 6,288 | 941 | ||||||||||
| | | | | | | | | | | | | | | | |
Total earnings before taxes | $ | 107,035 | $ | 96,820 | $ | 115,264 | $ | 70,394 | $ | 40,911 | ||||||
| | | | | | | | | | | | | | | | |
Fixed Charges: | ||||||||||||||||
Interest expense | $ | 23,589 | $ | 20,238 | $ | 15,631 | $ | 13,518 | $ | 9,058 | ||||||
| | | | | | | | | | | | | | | | |
Total fixed charges | $ | 23,589 | $ | 20,238 | $ | 15,631 | $ | 13,518 | $ | 9,058 | ||||||
| | | | | | | | | | | | | | | | |
Earnings available to cover fixed charges | $ | 130,624 | $ | 117,058 | $ | 130,895 | $ | 83,912 | $ | 49,969 | ||||||
Ratio of earnings to fixed charges | 5.54 | 5.78 | 8.37 | 6.21 | 5.52 |
Main Street Capital Corporation Computation of Ratio of Earnings to Fixed Charges (numbers in thousands)