Onemain Finance 10-Q2011 Q3 Quarterly report

Filed: 14 Nov 11, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: AB, ABS, accused, adapt, added, affidavit, aid, appointed, area, arrive, assurance, assure, aware, behavior, beneficial, Billing, buy, call, captioned, catastrophic, CCC, certainty, chain, challenging, channel, cleaning, client, comment, compensate, compensatory, compete, composition, conclusion, confidence, confidential, confirmation, constrained, contaminated, contamination, content, conveyed, covenant, cure, daily, death, decentralized, deciding, decision, dedicate, deficiency, delay, demographic, deposit, detect, deter, diligence, Director, discourage, discovered, discovery, disease, District, divided, divorce, downgrade, downgraded, dynamic, earliest, economy, efficient, effort, energy, entry, environmental, Euro, everyday, exacerbated, exceed, exploring, extreme, factual, fail, field, footnote, forbearance, forced, foregoing, found, fragile, fraud, geographic, global, grow, guarantor, harm, heavily, highly, HOEPA, holder, homeowner, homogeneity, hundred, hypothetical, illegal, importantly, impose, imposed, inaccurate, incurrence, indemnification, indenture, indeterminate, Index, inhibit, injury, inquiry, insolvency, insufficient, intense, intercepted, interfere, interruption, intervention, investigate, iteration, Jay, job, judicial, jurisdiction, legislation, legislative, lengthy, Levine, liable, literature, located, lose, macroeconomic, magnified, mail, matter, median, mediation, merchant, Metropolitan, misconduct, mishandled, misuse, misused, mobility, monetary, moratorium, multiemployer, multiplied, mutual, necessarily, network, noncompliance, notarization, notified, Occasionally, omission, open, organization, organizational, pandemic, permissible, persisted, physical, policyholder, population, prepaid, prescribed, preserve, prevent, profile, prompt, prudent, quantified, question, reclassification, recommendation, reconsider, recourse, regional, regular, relationship, rely, render, repeated, representation, reputation, reputational, requisite, residency, responding, restart, reward, riskier, safety, Secondarily, seek, sequential, SFFC, shortly, shut, SLFSSC, slower, social, software, solicited, solvency, SPE, spending, stem, stolen, storage, strategic, stratification, stratified, strength, subprime, Subtopic, suffer, sum, suspension, sweeping, system, team, technical, technology, tender, test, theft, Theoretically, thereto, threaten, threatened, toxic, track, trailing, transmission, Truth, unaffected, unanticipated, unauthorized, uncertainty, uncover, undertaken, unearned, uneconomical, unexecutable, unintended, unitary, Unregistered, unresolved, unsettled, unsubstantiated, upset, vacant, vast, violence, visiting, vitality, voluntary, vulnerable, waste, weaken, widening, withstand, workplace, worsening

Removed: administering, began, binding, claimed, dispute, educational, impacted, opposing, presently, promotional, replenish, resolve, ultimately

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Onemain Finance similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12

SPRINGLEAF FINANCE CORPORATION AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

(Unaudited)


	Successor Company			Predecessor Company			Successor Company			Predecessor Company
(dollars in thousands)	Three Months Ended September 30, 2011			Three Months Ended September 30, 2010			Nine Months Ended September 30, 2011			Nine Months Ended September 30, 2010
Earnings:
Loss before benefit from income taxes	$	(57,041	)	$	(112,344	)	$	(243,740	)	$	(160,756	)
Interest expense		273,345			277,577			967,788			800,956
Implicit interest in rents		3,075			3,607			9,550			11,353

Total earnings	$	219,379		$	168,840		$	733,598		$	651,553

Fixed charges:
Interest expense	$	273,345		$	277,577		$	967,788		$	800,956
Implicit interest in rents		3,075			3,607			9,550			11,353

Total fixed charges	$	276,420		$	281,184		$	977,338		$	812,309

Ratio of earnings to fixed charges*		0.79			0.60			0.75			0.80

Earnings did not cover total fixed charges by $57.0 million for the three months ended September 30, 2011 and $243.7 million for the nine months ended September 30, 2011. Earnings did not cover total fixed charges by $112.3 million for the three months ended September 30, 2010 and $160.8 million for the nine months ended September 30, 2010.

112

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.