EXHIBIT 12.1
RADIO ONE, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
FOR THE YEARS ENDED DECEMBER 26, 1993, DECEMBER 25, 1994,
AND DECEMBER 31, 1995, 1996 AND 1997
(IN THOUSANDS)
1993 1994 1995 1996 1997
------------- ------------- ------------- ------------- ---------
Net income (loss) ...................... $ 14 $ 1,223 $ (1,856) $ (3,609) $ (4,944)
Add:
Provision for income taxes.......... 92 30 -- -- --
Extraordinary item.................. 138 -- 468 -- 1,985
Fixed charges (a)................... 2,086 2,783 5,588 7,762 9,180
----------- ----------- ----------- ----------- -----------
Earnings available for fixed charges.... 2,330 4,036 4,200 4,153 6,221
Fixed charges (a)....................... 2,086 2,783 5,588 7,762 9,180
----------- ----------- ----------- ----------- -----------
Ratio of earnings to fixed charges...... 1.12 1.45 0.75 0.54 0.68
=========== =========== =========== =========== ===========
- ----------
(a) Fixed charges represent interest expense, including amortization of
discounts and the component of rent expense believed by management to be
representative of the interest factor (one-third of rent expense).