Comparing the 1980 to 1981 and 1982 balance sheets, what analysis or take on the financial health of this company?

Balance Sheet	1981	1982		31-Jan-80	Changes affect on cash
Cash	1	1		1
accounts receivable	$6,215	$9,328		$2,045	($4,170)
due from affiliates	$419.00	$613.00		$160	($259)
colleteral of letters of credit	$314	$395		$83	($231)
inventory	$2,543	$2,983		$2,092	($451)
inventory in transit	$1,962	$2,056		$2,690	$728
prepaid expenses	$172	$194		$78	($94)
insurance claims receivable	842	873		$ -
income tax refund receivable	148	161		$ -
note receivable	55	68		$ -
Total Current assets	$12,671	$16,672		$7,149	($5,522)
Net Property and Equipment	$783	$890		$241	($542)
Deposits	65	$56		$57	($8)
Total Assets	$13,519	$17,618		$7,447	($6,072)
Liabilities and Shareholders equity
accounts payable	$945	$1,189		$613	$332
bank overddraft	98	$114		$312	($214)
due to banks					$0
receivables from financing	$5,420	$4,237		$2,046	$3,374
inventory financing	$2,417	$1,367		$3,531	($1,114)
other	0	$100		$100	($100)
Current portion of long term debt	$104	$135		$31	$73
Due to affiliates and shareholders	$1,326	$2,150		$533	$793
taxes payable	$1,290	$2,089		$23	$1,267
total current liabilities	$10,461	$14,880		$7,189	$3,272
Long term Debt	$41	$39		$36	$5
Notes Payable	$0	0		$ -
Total Liabilities	$11,641	$11,420		$7,225	$4,416
Shareholders equity	$1	$1		$1	$0
Retained Earnings	$1,876	$3,098		$221	$1,655
Net Worth	$1,877	$3,099		$222	$1,655
Total Liabilities	$13,519	$17,618		$7,447	$6,072