Exhibit 12.1
CHIMERA INVESTMENT COMPANY
Ratio of Earnings To Combined Fixed Charges And Preferred Stock Dividends
The following table sets forth the calculation of our ratio of earnings to combined fixed charges and preferred stock dividends for the periods shown:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the
period |
|
For the |
|
For the |
|
|||
|
|
|
|
(dollars in thousands) |
|
|||||||
|
Net (loss) income before taxes |
|
(2,901 |
) |
|
(119,797 |
) |
|
18,870 |
|
|
|
|
Add: |
fixed charges (interest expense) |
|
415 |
|
|
60,544 |
|
|
9,042 |
|
|
|
|
preferred stock dividend |
|
— |
|
|
— |
|
|
— |
|
|
|
(Loss) income as adjusted |
|
(2,486 |
) |
|
(59,253 |
) |
|
27,912 |
|
|
|
|
Fixed charges (interest expense) + preferred stock dividend |
|
415 |
|
|
60,544 |
|
|
9,042 |
|
|
|
|
Ratio of (losses) income to combined fixed charges and preferred stock dividends |
|
(5.99 |
) |
|
(0.98 |
) |
|
3.09 |
|
|
|