TRANSTEXAS GAS CORP
S-1, EX-12.2, 2000-05-31
CRUDE PETROLEUM & NATURAL GAS
Previous: TRANSTEXAS GAS CORP, S-1, EX-12.1, 2000-05-31
Next: TRANSTEXAS GAS CORP, S-1, EX-23.1, 2000-05-31



<PAGE>   1
                                                                    EXHIBIT 12.2



                           TransTexas Gas Corporation
                     Pro Forma Ratio of Earnings to Combined
                    Fixed Charges and Stock Dividend Payments
                           Year Ended January 31, 2000
                            (in thousands of dollars)


<TABLE>
<S>                                                       <C>
Loss before income taxes                                  $ (46,792)
Add:                                                         37,632
   Interest expense, net of amounts capitalized
   Portion of rental expense representative of an
   interest factor                                            1,046
                                                          ---------
        Earnings (A)                                      $  (8,114)
                                                          =========
Fixed charges:
   Total interest                                         $  51,132
Preferred stock dividend requirements                        50,092
Portion of rental expense representative of an interest
factor                                                        1,046
                                                          ---------
   Fixed charges (B)                                      $ 102,270
                                                          =========
Ratio of earnings to fixed charges (A+B)                         --
                                                          =========
Earnings inadequate to cover fixed charges                $ 110,384
                                                          =========
</TABLE>




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission