EX-12.1 7 ex12_1.htm STATEMENT RE COMPUTATIONS OF RATIOS ex12_1.htm
 
 
Exhibit 12.1
 
CPI AEROSTRUCTURES, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 For the year ended December 31,
   2013   2012  2011  2010  2009
           
 Pretax income  11,153,895  16,525,130  10,538,928  542,896  5,861,007
           
 Fixed Charges:          
     Interest Expense  1,043,786  783,373  343,491  158,406  252,961
           
 Total Earnings  12,197,681  17,308,503  10,882,419  701,302  6,113,968
           
 Ratio of earnings to fixed charges  11.69  22.09  31.68  4.43  24.17