Exhibit 12.1

Actuant Corporation

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(amounts in thousands)

 

     Fiscal Year Ended August 31,    Nine Months Ended:  
     2004    2005    2006    2007    2008    May 31, 2008    May 31, 2009 (a)  

Earnings (loss) from continuing operations before income tax expense and minority interest, as reported

    $ 38,825    $ 105,708    $ 125,849    $ 151,690    $ 177,931    $ 129,092    $ (12,534 ) 

Adjustments:

                     

Add: Fixed charges

      14,597      18,352      28,016      35,622      40,544      27,873      32,367   

Less: Capitalized interest

      —        —        —        —        171      —        —     
                                                  

Earnings from continuing operations before income tax expense and minority interest, as adjusted

      53,422      124,060      153,865      187,312      218,304      156,965      19,833   

Fixed Charges:

                     

Interest incurred

      13,669      17,099      26,493      33,747      38,262      26,213      30,544   

Interest component of rent expense (estimated at 7.25%)

      928      1,253      1,523      1,875      2,282      1,660      1,823   
                                                  
     14,597      18,352      28,016      35,622      40,544      27,873      32,367   

Earnings to fixed charges ratio

      3.7      6.8      5.5      5.3      5.4      5.6      0.6   

 

(a)— Earnings (loss) from continuing operations before income tax expense and minority interest for the nine months ended May 31, 2009 includes non cash impairment charges of $58,274 related to the goodwill, intangible assets and fixed assets of the Recreational Vehicle business and Harsh Environment Electrical product line. Excluding the impairment charges, the earnings to fixed charge coverage ratio would have been 2.4 for the nine months ended May 31, 2009.