Exhibit 12.1
COMPRESSCO PARTNERS, L.P.
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS
| Compressco Predecessor | Compressco Partners | |||||||||||||||||||
| Year Ended December 31, | Year Ended December 31, | |||||||||||||||||||
| (in thousands) | 2009 | 2010 | 2011 | 2012 | 2013 | |||||||||||||||
Earnings | ||||||||||||||||||||
Income Before Income Tax Provision | $ | 10,700 | $ | 2,786 | $ | 9,162 | $ | 19,684 | $ | 19,825 | ||||||||||
Fixed Charges | 12,024 | 13,140 | 5,135 | 229 | 696 | |||||||||||||||
Capitalized Interest | — | — | — | (7 | ) | — | ||||||||||||||
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Total Earnings | $ | 22,724 | $ | 15,926 | $ | 14,297 | $ | 19,906 | $ | 20,521 | ||||||||||
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Fixed Charges | ||||||||||||||||||||
Interest Expensed and Capitalized | $ | 11,980 | $ | 13,096 | $ | 5,052 | $ | 88 | $ | 500 | ||||||||||
Amortized Capitalized Expenses Related to Indebtedness | — | — | 39 | 97 | 148 | |||||||||||||||
Interest Within Rental Expense | 44 | 44 | 44 | 44 | 48 | |||||||||||||||
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Total Fixed Charges | $ | 12,024 | $ | 13,140 | $ | 5,135 | $ | 229 | $ | 696 | ||||||||||
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Ratio of Earnings to Fixed Charges and Preference Dividends | 1.89 | 1.21 | 2.78 | 86.93 | 29.48 | |||||||||||||||
