Ratio of Earnings to Fixed Charges Sample Clauses
The "Ratio of Earnings to Fixed Charges" clause defines a financial metric used to assess a company's ability to meet its fixed financial obligations, such as interest payments on debt. This ratio is typically calculated by dividing the company's earnings before interest and taxes by its total fixed charges, which may include interest, lease payments, and other mandatory financial commitments. By establishing this ratio, the clause provides a clear benchmark for evaluating the company's financial health and creditworthiness, helping investors and creditors gauge the risk of default and make informed decisions.
Ratio of Earnings to Fixed Charges. The Company shall not permit its Ratio of Earnings to Fixed Charges as determined for any period of four (4) consecutive fiscal quarters of the Company to be less than 2.5 to 1.0. During the term of this Agreement, the Company shall continue to compute its Ratio of Earnings to Fixed Charges in the same manner as computed in the Company’s Form 10-K Annual Report for the period ended May 29, 2011 and shall continue to report such ratio to the Administrative Agent on a quarterly basis concurrently with the delivery of the financial statements referred to in subsections 6.01(a) and 6.01(b).
Ratio of Earnings to Fixed Charges. The Company’s ratios of earnings to fixed charges set forth or incorporated by reference in the Disclosure Package and the Prospectus under the caption “Ratio of Earnings to Fixed Charges” have been calculated in compliance with Item 503(d) of Regulation S-K under the Securities Act.
Ratio of Earnings to Fixed Charges. If we offer debt securities and/or shares of preferred stock under this prospectus, then, if required at that time, we will provide a ratio of earnings to fixed charges and/or ratio of combined fixed charges and preference dividends to earnings, respectively, in the applicable prospectus supplement for such offering.
Ratio of Earnings to Fixed Charges. Giving effect to the issuance of the 9.750% Senior Notes, the Pro Forma Ratio of Earnings to Fixed Charges for the Nine Months Ended November 1, 2008 was in the range of 3.1 to 3.5 and for the Year Ended February 2, 2008 was in the range of 4.5 to 4.9.
Ratio of Earnings to Fixed Charges. Any time debt securities are offered pursuant to this prospectus, we will provide a table setting forth our ratio of earnings to fixed charges on a historical basis in the applicable prospectus supplement, if required.
Ratio of Earnings to Fixed Charges. The ratio of earnings to fixed charges is calculated by dividing earnings by fixed charges. Fixed charges consist of interest expense and the interest portion of rental expense. Income (loss) before taxes 57.4 (537.3 ) (48.8 ) 98.4 178.3 Fixed charges: Interest expense 16.4 24.2 17.1 17.5 16.1 Interest portion of rental expense 43.9 3.6 3.4 2.5 2.5 Income (loss) before taxes plus fixed charges 78.7 (509.5 ) (28.3 ) 118.4 196.9 Fixed charges: Interest expense 16.4 24.2 17.1 17.5 16.1 Interest portion of rental expense 4.9 3.6 3.4 2.5 2.5 Ratio of earnings to fixed charges 3.7 (a ) (b ) 5.9 10.6
Ratio of Earnings to Fixed Charges. The following contains our ratio of earnings to fixed charges for the periods indicated, computed as set forth below. You should read these ratios of earnings to fixed charges in connection with our consolidated financial statements, including the notes to those statements, included in this prospectus. For the three-months ended March 31, For the year ended December 31, For the year ended December 31, For the year ended December 31, For the year ended December 31, For the year ended December 31,
Ratio of Earnings to Fixed Charges. After giving effect to the offering of the notes, the application of a portion of the net proceeds to repay all outstanding commercial paper, and taking into account the other assumptions described in the prospectus supplement under the heading “Ratio of Earnings to Fixed Charges,” the ratio of earnings to fixed charges would have been 11.5x at December 31, 2008. Joint Book-Running Managers: Banc of America Securities LLC Deutsche Bank Securities Inc. ▇▇▇▇▇▇▇, Sachs & Co.
Ratio of Earnings to Fixed Charges. The following contains our ratio of earnings to fixed charges for the periods indicated, computed as set forth below. You should read these ratios of earnings to fixed charges in connection with our consolidated financial statements, including the notes to those statements, included in this prospectus. For the six months ended For the year ended December 31, For the year ended December 31, For the year ended December 31, For the year ended December 31, For the year ended December 31, Earnings to Fixed Charges(1) 2.41 2.16 3.10 3.83 2.97 3.95 For purposes of computing the ratios of earnings to fixed charges, earnings represent net increase in stockholders’ equity resulting from operations plus fixed charges. Fixed charges include interest and credit facility fees expense and amortization of debt issuance costs.
Ratio of Earnings to Fixed Charges. The Company's ratio of earnings to fixed charges set forth in each of the preliminary prospectus and the Prospectus under the caption "Ratio of Earnings to Fixed Charges" and in Exhibit 12 to the Registration Statement have been calculated in compliance in all material respects with the requirements of Item 503(d) of Regulation S-K under the Securities Act. Any certificate signed by an officer of the Company and delivered to the Representatives or to counsel for the Underwriters in connection with this Agreement shall be deemed to be a representation and warranty by the Company to each Underwriter as to the matters set forth therein subject to the statements and qualifications set forth therein.