EX-12.1 2 ex121_q42011.htm Q4 2011 EXH 12.1 ex121_q42011.htm
 
 
 

Exhibit 12.1
 
CPI AEROSTRUCTURES, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


 
For the Year Ended December 31,
 
2011
2010
2009
2008
2007
           
Pretax income (loss) from continuing operations
$10,538,928
$542,896
$5,861,007
$3,853,613
$3,016,896
           
Fixed charges:
          
Interest Expense
$343,491
$158,406
$252,961
$31,847
$22,441
           
Total Earnings
$10,882,419
$701,302
$6,113,968
$3,885,460
$3,039,337
           
Ratio of earnings to fixed charges
31.68
4.43
24.17
122.00
135.44