EXHIBIT12.1
Great Ajax Corp.
Statement of Computation of Ratio of Earnings to Fixed Charges
| Nine months ended September 30, 2015 | Period from date of inception (January 30, 2014) to December 31, 2014 | |||||||
| Pre-tax net income | $ | 17,424 | $ | 3,752 | ||||
| Less: | ||||||||
| Equity earnings of subsidiaries | (409 | ) | (50 | ) | ||||
| Add: | ||||||||
| Fixed charges | 7,192 | 771 | ||||||
| Distributed earnings of subsidiaries | 115 | — | ||||||
| Total earnings | $ | 24,322 | $ | 4,473 | ||||
| Divided by: | ||||||||
| Interest expense | (7,192 | ) | (771 | ) | ||||
| Total fixed charges | $ | (7,192 | ) | $ | (771 | ) | ||
| Ratio of earnings to fixed charges | 3.38 | 5.80 | ||||||
