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EXHIBIT 12
NAPCO SECURITY SYSTEMS, INC.
COMPUTATION OF RATIOS
<TABLE>
<CAPTION>
2000 1999 1998
---- ---- ----
(In thousands, except for ratios)
<S> <C> <C> <C>
A. Current Assets $40,975 $41,696 $44,153
B. Current Liabilities 5,695 6,776 10,211
Current Ratio
(Line A / Line B) 7.2 to 1 6.2 to 1 4.3 to 1
C. Sales $53,677 $50,573 $50,269
D. Receivables 18,027 16,446 14,760
Ratio (Line C / Line D) 3.0 to 1 3.1 to 1 3.4 to 1
E. Total Current Liabilities $ 5,695 $ 6,776 $10,211
F. Long Term Debt 16,183 17,241 18,644
G. Deferred Income Taxes 292 442 875
H. Total Liabilities 22,170 24,459 29,730
I. Equity 33,359 31,328 28,833
Ratio (Line H / Line I) .7 to 1 .8 to 1 1.0 to 1
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