Exhibit 12.1 Fedders Corporation Computation of Ratio of Earnings To Fixed Charges (Dollar amounts in thousands) Years ended August 31 ----------------------------- Six months ended 2000 1999 February 28, 2001 ---------- -------- ------------------ Earnings: Income (loss) from continuing operations before income tax $ 30,474 $ 30,989 $ (11,434) Add: Portion of rent representative of interest factor 549 504 194 Interest expense 17,900 11,208 9,652 Less: Capitalized interest (204) (379) (115) ----------- ---------- ------------ Income (loss) as adjusted 48,719 42,322 (1,703) =========== ========== ============ Fixed Charges Interest expense 17,900 11,208 9,652 Portion of rent representative of interest factor 549 504 194 ---------- ---------- ------------ Fixed Charges $ 18,449 $ 11,712 9,846 ========== ========== ============ Ratio of Earnings to fixed charges 2.6 3.6 - ========== ========== ============ Deficiency of earnings versus fixed charges - - $ 11,549 ========== ========== ============