Exhibit 12
STEALTHGAS INC.
Computation of Ratio of Earnings to Fixed Charges
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![]() | ![]() | ![]() | ![]() | Three Months Ended March 31, | ![]() | ![]() | Years Ended December 31, | ||||||||||||||||||||||||||
![]() | ![]() | ![]() | ![]() | 2007 | ![]() | ![]() | 2006 | ![]() | ![]() | 2006 | ![]() | ![]() | 2005 | ![]() | ![]() | 2004 | |||||||||||||||||
![]() | ![]() | Net income | ![]() | ![]() | ![]() | $ | 6,622,454 | ![]() | ![]() | ![]() | ![]() | $ | 6,958,693 | ![]() | ![]() | ![]() | ![]() | $ | 18,492,509 | ![]() | ![]() | ![]() | ![]() | $ | 14,536,051 | ![]() | ![]() | ![]() | ![]() | $ | 531,208 | ![]() | |
Plus | ![]() | ![]() | Interest expenses | ![]() | ![]() | ![]() | ![]() | 2,371,362 | ![]() | ![]() | ![]() | ![]() | ![]() | 1,347,375 | ![]() | ![]() | ![]() | ![]() | ![]() | 7,659,522 | ![]() | ![]() | ![]() | ![]() | ![]() | 2,643,863 | ![]() | ![]() | ![]() | ![]() | ![]() | — | ![]() |
![]() | ![]() | Amortization of capital expenses relating to indebtedness | ![]() | ![]() | ![]() | ![]() | 20,847 | ![]() | ![]() | ![]() | ![]() | ![]() | 9,919 | ![]() | ![]() | ![]() | ![]() | ![]() | 46,080 | ![]() | ![]() | ![]() | ![]() | ![]() | 41,344 | ![]() | ![]() | ![]() | ![]() | ![]() | — | ![]() | |
![]() | ![]() | Interest portion of rental expense | ![]() | ![]() | ![]() | ![]() | 6,360 | ![]() | ![]() | ![]() | ![]() | ![]() | 5,850 | ![]() | ![]() | ![]() | ![]() | ![]() | 24,357 | ![]() | ![]() | ![]() | ![]() | ![]() | 12,458 | ![]() | ![]() | ![]() | ![]() | ![]() | — | ![]() | |
![]() | ![]() | EARNINGS | ![]() | ![]() | ![]() | $ | 9,021,023 | ![]() | ![]() | ![]() | ![]() | $ | 8,321,837 | ![]() | ![]() | ![]() | ![]() | $ | 26,222,468 | ![]() | ![]() | ![]() | ![]() | $ | 17,233,716 | ![]() | ![]() | ![]() | ![]() | $ | 531,208 | ![]() | |
![]() | ![]() | Interest expenses | ![]() | ![]() | ![]() | $ | 2,371,362 | ![]() | ![]() | ![]() | ![]() | $ | 1,347,375 | ![]() | ![]() | ![]() | ![]() | $ | 7,659,522 | ![]() | ![]() | ![]() | ![]() | $ | 2,643,863 | ![]() | ![]() | ![]() | ![]() | $ | — | ![]() | |
![]() | ![]() | Amortization of capital expenses relating to indebtedness | ![]() | ![]() | ![]() | ![]() | 20,847 | ![]() | ![]() | ![]() | ![]() | ![]() | 9,919 | ![]() | ![]() | ![]() | ![]() | ![]() | 46,080 | ![]() | ![]() | ![]() | ![]() | ![]() | 41,344 | ![]() | ![]() | ![]() | ![]() | ![]() | — | ![]() | |
![]() | ![]() | Interest portion of rental expense | ![]() | ![]() | ![]() | ![]() | 6,360 | ![]() | ![]() | ![]() | ![]() | ![]() | 5,850 | ![]() | ![]() | ![]() | ![]() | ![]() | 24,357 | ![]() | ![]() | ![]() | ![]() | ![]() | 12,458 | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ||
![]() | ![]() | FIXED CHARGES | ![]() | ![]() | ![]() | $ | 2,398,569 | ![]() | ![]() | ![]() | ![]() | $ | 1,363,144 | ![]() | ![]() | ![]() | ![]() | $ | 7,729,959 | ![]() | ![]() | ![]() | ![]() | $ | 2,697,665 | ![]() | ![]() | ![]() | ![]() | $ | — | ![]() | |
![]() | ![]() | RATIO OF EARNINGS TO FIXED CHARGES | ![]() | ![]() | ![]() | ![]() | 3.76 | ![]() | ![]() | ![]() | ![]() | ![]() | 6.10 | ![]() | ![]() | ![]() | ![]() | ![]() | 3.39 | ![]() | ![]() | ![]() | ![]() | ![]() | 6.39 | ![]() | ![]() | ![]() | ![]() | ![]() | — | ![]() | |
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