B

Maze Therapeutics, Inc. — Earnings Quality Grade B

MAZE · Healthcare

Generally healthy

Revenue
$0M
2025
Net Income
-$131M
2025
Gross Margin
Free Cash Flow
-$113M
01

Screening Summary

10
Passed
2
Watch
0
Failed
M-Score

Management Signals

View all →
Routine2026-03-25
Neil Kumar · DirectorInterim
SEC
Routine2026-03-25
Jason Coloma · DirectorAppointment
Standard appointment
SEC

Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available

02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

Insufficient data

A2AR vs Revenue Growth

Insufficient data

A3Revenue vs CFFO

Revenue -100.0%, CFFO -247.4%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

No material inventory

B2CapEx vs Revenue

CapEx growth -30.8% vs revenue -100.0%. Normal

B3SG&A Ratio

Insufficient data

B4Gross Margin

Insufficient data

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 0.85. Profits backed by cash

!
C2Free Cash Flow

FCF is negative ($-0.1B)

C3Accruals Ratio

Accruals ratio = -4.8%. Low accruals

C4Cash vs Debt

Cash $0.3B covers debt $0.0B

04

Balance Sheet Health

D1Goodwill + Intangibles

No goodwill. Clean balance sheet

D2Leverage

Debt/EBITDA = -0.2x. Healthy

D3Soft Asset Growth

Other assets -53.8% vs revenue -100.0%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

!
E1Serial Acquirer FCF

FCF after acquisitions negative for 2/3 years

E2Goodwill Surge

No goodwill

06

Manipulation Score

F1Beneish M-Score

Insufficient data

05

Altman Z-Score

7.81
Safe Zone
0 Distress1.102.605.0+ Safe
0.8238
Liquidity
-1.2327
Cumulative profit
-0.3598
Operating efficiency
8.4193
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25