In most reactions, one reactant (limiting reagent) is completely consumed while others remain (excess reagents). The limiting reagent determines the maximum amount of product (theoretical yield). Theoretical yield assumes 100% reaction completion. To find the limiting reagent, compare mole amounts to stoichiometric ratios.
From stoichiometry, you know that a balanced equation tells you the exact mole ratios in which reactants combine and products form. But in the real world, you rarely mix reactants in those perfect ratios. When you combine 3 moles of hydrogen with 2 moles of nitrogen for the reaction N₂ + 3H₂ → 2NH₃, the equation demands a 1:3 ratio — you have exactly enough H₂ for 1 mole of N₂, but you have 2 moles of N₂ available. Hydrogen runs out first. The reactant that is completely consumed is the limiting reagent, and it determines how much product you can make. The reactant left over is the excess reagent.
The systematic way to identify the limiting reagent is to convert each reactant's amount to moles (if not already), then divide each by its stoichiometric coefficient. The reactant with the *smallest* ratio is the limiting reagent. Think of it like assembling sandwiches: if a sandwich requires 2 slices of bread and 1 slice of cheese, and you have 10 slices of bread and 3 slices of cheese, you can only make 3 sandwiches (limited by cheese) even though you have bread for 5. Dividing each ingredient by its "recipe coefficient" — 10/2 = 5 for bread, 3/1 = 3 for cheese — immediately reveals which runs out first.
Once you have identified the limiting reagent, you calculate the theoretical yield by using stoichiometry starting *from the limiting reagent's moles*. This is the maximum amount of product the reaction can produce, assuming every molecule of the limiting reagent reacts perfectly. In practice, side reactions, incomplete mixing, and losses during purification mean you get less — the actual yield — but the theoretical yield sets the upper bound. You can also calculate how much excess reagent remains by determining how much of it was consumed (using stoichiometry from the limiting reagent) and subtracting from the starting amount.
A common mistake is comparing the *masses* of reactants instead of their mole-to-coefficient ratios. Having more grams of one reactant does not make it the excess reagent — a small mass of a low-molecular-weight substance can represent more moles than a large mass of a heavy substance. Always convert to moles first. This discipline carries forward into percent yield calculations, solution stoichiometry, and every quantitative problem in chemistry: the balanced equation speaks in moles, so you must too.