EXHIBIT 12
ALICO, INC.
             
Computation of Ratios:
           
 
           
2007
  Current Assets     127,216  
 
  Current Liabilities     17,519  
 
         
 
           
 
  127,216 divided by 17,519 =     7.26:1  
 
         
 
           
2006
  Current Assets     110,913  
 
  Current Liabilities     18,078  
 
         
 
           
 
  110,913 divided by 18078 =     6.14:1