statement.htm

EXHIBIT 12.1

STATEMENTS OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Sterling Construction Company, Inc.

Ratio of Earnings to Fixed Charges

(Dollars in thousands)

	Fiscal Year Ended December 31,
Earnings	2009			2010			2011			2012		2013
Net Income (loss)		25,528			26,224			(34,704	)		17,712		(70,026	)
Plus: Fixed Charges		564			1,410			1,442			1,147		1,014
Less: Interest Capitalized		(113	)		(6	)		(2	)		-		-
Plus: Amortization of interest capitalized		-			-			-			-		-
Earnings		25,979			27,628			(33,264	)		18,859		(69,012	)

Fixed Charges
Interest expense on indebtedness		234			1,187			1,231			944		616
Interest capitalized		113			6			2			-		-
Interest expense included in rent		217			217			209			203		398
Total fixed charges		564			1,410			1,442			1,147		1,014
Ratio of earnings to fixed charges(1)(2)		46.0			19.6			-			16.4		-

(1) For purposes of determining the ratio of earnings to fixed charges, "earnings" are defined as net income before noncontrolling owners' interests and fixed charges less capitalized interest. "Fixed charges" consist of interest (whether expensed or capitalized) and related amortization of capitalized interest and interest included in rent.

(2) For the years ended December 31, 2011 and December 31, 2013, we had earnings to fixed charges deficiencies of $34.7 million and $70.0 million, respectively.