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Content analysis
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6th grade Avg
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New words:
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Removed:
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AMERICAN SAFETY INSURANCE HOLDINGS, LTD. EXHIBIT 12 RATIO OF EARNINGS TO FIXED CHARGES (in thousands) 2003 2004 2005 Earnings Pre-tax earnings $ 10,090 $ 18,453 $16,048 Plus: Interest expense recognized 1,424 1,398 1,433 Total earnings 11,514 19,851 17,481 Fixed charges Interest expenses for the period 1,345 1,291 1,433 Total fixed charges $ 1,345 $ 1,291 $ 1,433 Coverage Ratio 8.56 15.38 12.20