- 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. freshman Avg
|
EXHIBIT 12
THE TORO COMPANY AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Not Covered by Report of Independent Registered Public Accounting Firm)
|
| 10/31/2016 |
| 10/31/2015 |
| 10/31/2014 |
| 10/31/2013 |
| 10/31/2012 |
| |||||
Earnings before income taxes |
| $ | 330,460,000 |
| $ | 291,031,000 |
| $ | 256,445,000 |
| $ | 226,713,000 |
| $ | 196,262,000 |
|
Plus: Fixed charges |
| 28,122,788 |
| 27,085,508 |
| 23,535,622 |
| 24,343,024 |
| 24,294,555 |
| |||||
Earnings available to cover fixed charges |
| $ | 358,582,788 |
| $ | 318,116,508 |
| $ | 279,980,622 |
| $ | 251,056,024 |
| $ | 220,556,555 |
|
Ratio of earnings to fixed charges |
| 12.75 |
| 11.74 |
| 11.90 |
| 10.31 |
| 9.08 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Interest Expense |
| $ | 19,336,000 |
| $ | 18,757,000 |
| $ | 15,426,000 |
| $ | 16,210,000 |
| $ | 16,906,000 |
|
Rentals (Interest factor) |
| 8,786,788 |
| 8,328,508 |
| 8,109,622 |
| 8,133,024 |
| 7,388,555 |
| |||||
Total fixed charges |
| $ | 28,122,788 |
| $ | 27,085,508 |
| $ | 23,535,622 |
| $ | 24,343,024 |
| $ | 24,294,555 |
|