DIN-2014.6.30-10Q-EX 12.1

EX-12.1 2 din-2014630x10qxex121.htm COMPUTATION OF RATIOS DIN-2014.6.30-10Q-EX 12.1

Exhibit 12.1

DINEEQUITY, INC.

Computation of Consolidated Leverage Ratio and Consolidated Cash Interest Coverage Ratio

Trailing Twelve Months Ended June 30, 2014

(in thousands, except ratios)



Consolidated Leverage Ratio Calculation:
Financial Covenant Debt ⁽¹⁾	$	1,324,204
Consolidated EBITDA ⁽¹⁾	$	283,923
Consolidated Leverage Ratio	4.7
Consolidated Interest Coverage Ratio Calculation:
Consolidated EBITDA ⁽¹⁾	$	283,923
Consolidated Cash Interest Charges ⁽¹⁾	$	109,805
Consolidated Interest Coverage Ratio	2.6

⁽¹⁾ Definitions of all components used in calculating the above ratios are found in the Credit Agreement, dated October 8, 2010, filed as Exhibit 10.2 to our Current Report on Form 8-K filed on October 21, 2010.