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 |
H.S. sophomore Avg
|
Filing tables
Filing exhibits
Related press release
OMF similar filings
Filing view
External links
Exhibit 12.1
ONEMAIN HOLDINGS, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(dollars in millions) | ||||||||||||||||||||
Years Ended December 31, | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) before provision for (benefit from) income taxes | $ | (269 | ) | $ | 905 | $ | 78 | $ | (305 | ) | $ | (360 | ) | |||||||
Interest expense | 715 | 734 | 920 | 1,075 | 1,285 | |||||||||||||||
Implicit interest in rents | 13 | 10 | 10 | 12 | 12 | |||||||||||||||
Total earnings | $ | 459 | $ | 1,649 | $ | 1,008 | $ | 782 | $ | 937 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 715 | $ | 734 | $ | 920 | $ | 1,075 | $ | 1,285 | ||||||||||
Implicit interest in rents | 13 | 10 | 10 | 12 | 12 | |||||||||||||||
Total fixed charges | $ | 728 | $ | 744 | $ | 930 | $ | 1,087 | $ | 1,297 | ||||||||||
Ratio of earnings to fixed charges | * | 2.22 | 1.08 | * | * |
* | Earnings did not cover total fixed charges by $269 million in 2015, $305 million in 2012, and $360 million in 2011. |
177