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EXHIBIT 12.1
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
EXHIBIT 12.1
ETOYS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
<TABLE>
<CAPTION>
1998 1999 2000
========= ========= =========
<S> <C> <C> <C>
Pre-tax loss from continuing operations
$2,267 $28,557 $189,626
Fixed charges:
Interest expense,
including amortization of debt
financing costs 15 47 4,008
Interest component of rent
expenses on operating leases 8 95 939
Total fixed charges: $ 23 $ 142 $ 4,947
========= ========= =========
Ratio of loss to fixed charges (a) (a) (a)
========= ========= =========
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</TABLE>
(a) As a result of the loss incurred for the years ended March 31, 1998,
1999 and 2000, the ratio coverage was less than 1:1 as eToys was unable to
cover the indicated fixed charges. eToys must generate additional earnings of
$2,267, $28,557, and $189,626 for the years ended March 31, 1998, 1999 and
2000, respectively, to achieve a coverage of 1:1.
