Exhibit 12.1
ANTERO MIDSTREAM PARTNERS LP
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
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2013 |
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2014 |
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2015 |
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2016 |
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2017 |
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Net income and comprehensive income |
|
$ |
2,015 |
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|
127,875 |
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|
159,105 |
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|
236,703 |
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|
307,315 |
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Fixed Charges |
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164 |
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6,183 |
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|
8,478 |
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|
24,140 |
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|
37,557 |
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Total adjusted earnings available for payment of fixed charges |
|
$ |
2,179 |
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|
134,058 |
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|
167,583 |
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260,843 |
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344,872 |
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Fixed Charges |
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Interest expense, including amortization of debt-related expenses |
|
$ |
164 |
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6,183 |
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|
8,158 |
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$ |
21,893 |
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$ |
37,557 |
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Rental expense representative of interest factor |
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— |
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— |
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— |
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— |
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— |
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Total fixed charges |
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$ |
164 |
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6,183 |
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8,158 |
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21,893 |
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37,557 |
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Ratio of earnings to fixed charges |
|
|
13.29 |
X |
|
|
21.68 |
X |
|
|
20.54 |
X |
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|
11.91 |
X |
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|
9.18 |
X |