A lipid profile or lipid panel is a panel of blood tests used to find abnormalities in lipids, such as cholesterol and triglycerides. The results of this test can identify certain genetic diseases and can determine approximate risks for cardiovascular disease, certain forms of pancreatitis, and other diseases.The tests include Cholesterol-Total, LDL, HDL, LDL/HDL,VLDL, Chol/HDL Ratio, Triglyceride.