EX-12.1 6 dex121.htm STATEMENT RE: COMPUTATION OF RATIOS Prepared by R.R. Donnelley Financial -- Statement re: Computation of Ratios
 
EXHIBIT 12.1
 
The following table sets forth the calculation of the Company’s ratio of earnings to fixed charges for the periods shown.
 
ANWORTH MORTGAGE ASSET CORPORATION
RATIO OF RATINGS TO FIXED CHARGES
(in thousands, except ratios)
 
RATIO OF EARNINGS TO FIXED CHARGES
   
Year Ended December 31, 2001
     
Year Ended December 31, 2000
     
Year Ended December 31, 1999
     
Period from March 17, 1998 to December 31, 1998
Net income
   
3,706
     
1,261
     
1,209
     
885
Add: interest expense
   
6,363
     
8,674
     
7,892
     
7,378
    
    
    
    
Earnings as adjusted
   
10,069
     
9,935
     
9,101
     
8,263
Fixed charges (interest expense)
   
6,363
     
8,674
     
7,892
     
7,378
    
    
    
    
Ratio of earnings to fixed charges
   
1.58
     
1.15
     
1.15
     
1.12
    
    
    
    

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