EX-12.1 13 ex12_1.htm STATEMENT RE COMPUTATION 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,
    
     
2012
2011
2010
2009
2008
  
                 
Pretax income
    
16,525,130
10,538,928
542,896
5,861,007
3,853,613
  
                 
Fixed Charges: 
                 
    Interest Expense     783,373 343,491    158,406   252,961   31,847  
                 
Total earnings
    
17,308,503
10,882,419
701,302
6,113,968
3,885,460
  
 
Ratio of earnings to
                
 fixed charges
    
22.09
31.68
4.43
24.17
122.00